Publication Date
2016
Executive Summary
The subject report analyzes literature regarding minimum wages to explore the potential effects of what could be described as extreme increases in the minimum wage on the American hotel industry. The current presidential administration as well as several large municipalities are actively seeking, or recently passed laws that increase the minimum wage by an extreme amount. The subject report quantifies the forecasted effect on the U.S. hotel industry. The study concludes that the hotel industry in the U.S. would have a negative economic impact estimated at $2.53 billion if the current national minimum wage proposal is approved.Min
Recommended Citation
O'Neill, John and McGinley, Sean P.
(2016)
"Extreme Minimum Wages: Effects on the U.S. Hotel Industry,"
ICHRIE Research Reports: Vol. 1:
Iss.
1, Article 4.
DOI: www.doi.org/10.61701/300603.06
Available at:
https://via.library.depaul.edu/ichrie_rr/vol1/iss1/4
