Tag: labor costs
Labor Costs on the Rise
With the current building boom and a dearth of available skilled laborers, the cost of construction labor has been steadily on the rise. While it...
Increasing Occupancy Rates Boost Labor Costs
One of the most significant findings of the 2015 edition of Trends in the Hotel Industry was the 4.9 percent rise in operating expenses...
Proposed Overtime Rules and the Impact on Hotels
Employing nearly 2 million people in communities across America and contributing billions of dollars in business travel revenue, the hotel and lodging industry remains...
Examining Hotel Labor Costs
As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...