A growing strain is hitting the hospitality sector in Los Angeles, where hotel operators say mounting expenses and shifting market conditions are making it harder to stay afloat.
According to Fox News, a recent report from the American Hotel and Lodging Association paints a challenging picture for businesses across the city, pointing to a combination of rising operating costs and weakening demand.
Read Full Article: https://ijr.com/la-hotels-struggle-as-30-minimum-wage-push-drives-up-costs-dampens-investment-report/
