financeHotel Dive··1 min·For: Owner, GM, Revenue, Ops, Investor
LA Delays $30 Hotel Minimum Wage Until 2030
The Los Angeles City Council has officially delayed the implementation of the 'Olympic Wage' ordinance, pushing back the $30 hourly minimum wage for hotel workers to 2030.
Key Takeaways
- 1Prepare for long-term labor cost increases as the $30 hourly wage target moves from 2028 to 2030
- 2Review the 'Olympic Wage' ordinance details which aim to adjust hospitality pay ahead of major international events like the 2028 Olympics
- 3Monitor local legislative shifts as hotel owners and trade groups successfully lobbied for a more sustainable implementation timeline
Source: Hotel Dive
Keep reading
Our reporting
More in finance