Wage Growth at Hotels 'Hasn't Driven People to These Jobs'
Survey by Hospitality Asset Managers Association Shows Availability, Cost of Workers Top Concerns
The availability and cost of labor rank as the biggest issues for hotel owners, according to a new survey from the Hospitality Asset Managers Association.
HOLLYWOOD BEACH, Florida — The availability and cost of labor rank as the biggest issues for hotel owners, according to a new survey from the Hospitality Asset Managers Association.
Speaking with Hotel News Now at the association's spring conference, members of the HAMA board of directors said labor problems have been fueled by workers moving out of hotels and into other industries entirely.
Derrick Yee, vice president of asset management for aparthotel company Placemakr, said the industry was suffering labor shortages prior to the pandemic, but they were mostly limited and manageable. Now the problem is broad and the math doesn't work out well for hotels.
"We just have more jobs but fewer people," he said. "So we need to attract them. We also probably need to talk about immigration. We have a lot less people coming into the country that would probably be interested in taking some of our jobs."