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L.A. council backs $30 minimum wage for hotels, despite warnings from tourism industry
(www.latimes.com)
this post was submitted on 16 May 2025
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Counter-counterpoint, "what the market will support" has a lot hidden in it, including the interplay between what you charge and your occupancy rate and whether your competitors can pull business away from you with lower rates. Your expenses are important to your bottom line and impact that equation.
Counter-counter-counterpoint, people can't go on vacations and stay in hotels when their wages are so low that a majority of the country is just one missed paycheck away from bankruptcy.
I made no argument about whether there should be a wage increase. I merely pointed out that there will be some impact and it will be across the whole tourism industry, not just hotels.
Thanks for the info in the other sub thread on labor costs. We'll see what the prices do and how that impacts travel plans.
Part of the article mentions that visits are already down due to the economic climate, which is also a point you're making.