hrHotel Dive··1 min·For: Owner, GM, Ops, Investor, F&B, Housekeeping
NYC Hotels and Union Reach Historic Wage Deal
The Hotel Association of New York and the Hotel and Gaming Trades Council have reached a tentative agreement featuring the largest wage increases in the union's history. The deal aims to provide labor stability for NYC hotels through the upcoming World Cup and beyond.
Key Takeaways
- 1Anticipate significant labor cost increases following the largest wage hike in the union's history.
- 2Ensure operational stability during the upcoming World Cup as the deal averts potential strike action.
- 3Monitor the ratification process of the Industry Wide Agreement (IWA) between HANYC and the Hotel and Gaming Trades Council.
Source: Hotel Dive
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