hrasianhospitality.com··1 min·For: Owner, GM, Ops
Midsize Hotels Lag on Disability Benefits as Labor Costs Rise
A new study reveals that midsize hotel operators trail large brands in offering disability coverage, impacting retention despite soaring labor expenses.
Key Takeaways
- 1Only 42.4% of midsize hotel employers offer both short- and long-term disability, compared to 74.3% of large operators.
- 2Hotels maintain high coverage for dental (96.1%) and life insurance (92.4%), leaving disability as the primary gap.
- 3Labor costs climbed 22.1% from 2019 to 2024, prompting 31% of operators to use enhanced benefits for retention.
Source: asianhospitality.com
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