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Story summary
- Los Angeles hotels face higher costs and weaker demand, according to the American Hotel and Lodging Association (AHLA).
- The phased-in minimum wage reaching $30 per hour by 2028 drives costs, says AHLA.
- Higher costs have reduced hiring, cut labor hours, and delayed investments.
- Nearly all surveyed members say undoing regulations would improve the investment climate, and about 650 jobs have been cut since the wage law took effect.
