The proposal would bump wages for those employees to $25 per hour from $16.90.
Union leaders are hoping recent agreements, the upcoming holiday and awards seasons, and continued pressure are all leading toward a resolution soon.
The biggest sales, leases, loans and more from the week in South Florida commercial real estate.
Occupancy, revenue and room rates have dropped as fewer travelers are coming to the city.
The city of San Francisco and Related California are partnering on a 41-story tower in FiDi featuring the first new five-star hotel in 20 years.
The bill, which alarmed industry associations when it was introduced this summer, is gaining ground after negotiations.
Hilton is rolling out its latest extended-stay brand, LivSmart Studios, which creates a more amenitized hotel experience for its patrons.
The sale has a base price of $150M, with Hyatt agreeing to pay up to $185M more as additional hotels in the pipeline come into the portfolio.
The Mayor’s Office of Special Enforcement is pursuing LuxUrban for fines incurred under its previous operating name, Bisnow can first report.
Sonesta International Hotels and Mint Developers launched plans for an $850M residential and hotel project that will be 82 stories tall.
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