Posts tagged referendum vote
$30 Minimum Wage Has L.A. Hotel Owners in Revolt
June 24, 2025 // Now, hotel owners have to contend with what local union leaders say will be the highest minimum wage in the country. The city council voted last month to boost the wage for workers in hotels with 60 rooms or more. Hourly pay, currently $20.32, will increase every year until it reaches $30 in 2028. The industry is mounting an effort to roll back the new minimum-wage law. Los Angeles hotel owners are petitioning to suspend the city’s new ordinance, and several hotel owners have also threatened to pull out of agreements to provide blocks of rooms during the Olympic Games. Some hoteliers say they were already eager to exit L.A., if only they could find an offramp. “We would love to sell” our L.A. hotels, said Jon Bortz, chief executive of Pebblebrook Hotel Trust, which owns two hotels in the city and seven more in the L.A. area. “But nobody will buy them.”