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LA passes $30 tourism wage, hotels say they’ll convert to homeless shelters
The Center Square via msn ^ | 12 Dec 2024 | Kenneth Schrupp

Posted on 12/13/2024 5:37:57 AM PST by blueplum

(The Center Square) - Los Angeles City council voted to pass a $30 minimum wage for hotel and airport workers, along with an additional healthcare benefit starting at $8.35 per hour for employees of businesses that do not provide health insurance.

Businesses say the large spike in wages will lead to closures, scaling back employees, and hotels backing out of agreements put in place for the 2028 Olympics — and could threaten the city budget....

Hotels say the new wage increase is unaffordable, especially with income for many hotels flat as other costs rise, and could leave some with no option but to convert to homeless housing....

(Excerpt) Read more at msn.com ...


TOPICS:
KEYWORDS: bidenomics; california; californication; homeless; hotels; janus; losangeles; makeitso; minimumwage; newscum; newsom; olympics; prevailingwage; righttowork; tourism; unionwage
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To: Islander7

“”Get with the program!””

I try....Remember the very OLD saying:

My get up and go has got up and went!


61 posted on 12/13/2024 8:55:04 AM PST by Thank You Rush
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To: blueplum

Good. Close it down. Flush LA just like NYC.


62 posted on 12/13/2024 9:27:08 AM PST by bobbo666
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To: blueplum

$30!! That’s ridiculous! It should be at least $75!


63 posted on 12/13/2024 9:48:03 AM PST by PIF (They came for me and mine ... now its your turn)
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To: USAF1985

Well, so much for “Fight for $15”...that ship sailed (as predicted).


Trending: “Fight for $75”


64 posted on 12/13/2024 9:50:31 AM PST by PIF (They came for me and mine ... now its your turn)
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To: vpintheak

they are socialists, communists have guns but apples from the same tree.


65 posted on 12/13/2024 1:28:36 PM PST by bdfromlv (Leavenworth hard time)
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To: roving

yn germany in 78, 20 cents a pack was high


66 posted on 12/13/2024 1:56:04 PM PST by bdfromlv (Leavenworth hard time)
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To: roving

in Germany in 78, 20 cents a pack was high


67 posted on 12/13/2024 1:56:29 PM PST by bdfromlv (Leavenworth hard time)
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To: RoosterRedux

they would probably make money with full capacity, government subsidies and section 8 picking up all repair cost and fewer employees make there own beds and cleaning, also govt, subsidized food service.


68 posted on 12/13/2024 2:05:58 PM PST by bdfromlv (Leavenworth hard time)
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To: bdfromlv
My point was that their outstanding loans would have to be refinanced with a lender that understands and buys into such a business model (which is unproven I think—lenders don't like unproven).

And any hotel that thinks it can make money as a homeless shelter had better get ready to have its structures, furnishings, and brand destroyed.

69 posted on 12/13/2024 2:31:49 PM PST by RoosterRedux (Emerson (paraphrased): "If you strike at the king, don't fail." The Democrats failed. )
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To: Mouton

I can’t top that, but close.

In 1972 I paid $2.20 a carton at the PX


70 posted on 12/13/2024 4:52:20 PM PST by ChildOfThe60s ("If you can remember the 60s....you weren't really there")
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To: RoosterRedux

I suppose CA would simply pass a law against that, nullifying previously signed contracts.


71 posted on 12/13/2024 4:55:17 PM PST by ChildOfThe60s ("If you can remember the 60s....you weren't really there")
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