New York City has more than a million hotel workers who rely on the city’s public accommodations.
But they’re also struggling with the citywide hiring crisis.
For those of us who work at the hotels and condos, there’s been a lot of talk about a looming shortage of hotel labor.
And as we reported last week, the city has had to turn to hiring more private-sector workers as well.
As the NYT reports, there are still more than 4 million hotel beds available, but there’s a shortage of people who are willing to work on them.
And many hotels, which typically employ between 100 and 500 people, are reluctant to hire more.
As a result, the NY Times reports, the industry is seeing its stock prices plummet.
“I’ve been trying to get a room for months, and no one is willing to pay more than $1,500 for a single night,” a hotel worker in the Bronx told the paper.
The hotels are being hammered.”
The shortage of room labor has left some of New York’s hotels scrambling to hire temporary workers and keep their occupancy rates up.
As New York Post reporter Matt Yglesias notes, a hotel’s labor shortage has led to a surge in hotel room reservations for workers, a trend that’s helped to keep occupancy rates down.
The NY Times also reports that hotel employees at some of the citys largest hotels, including the Mandarin Oriental, are finding it increasingly difficult to secure their jobs.
And at the Mandarin, an employee told the Times that “the owner and the management team were having a hard time convincing us that it’s the right decision for us.”
In the meantime, some hotels are offering bonuses and discounts to workers, and the NY Post reports that some hotel workers are “increasing their efforts to secure work in other locations.”
It’s not just the hotel industry that is struggling with a labor shortage, but also some small businesses that are struggling.
In some cases, the lack of hotel room labor is a direct result of their inability to recruit enough workers.
A recent report from the Institute for Local Self-Reliance notes that hotels are struggling to recruit more people to fill room vacancies, and they’re struggling to keep that talent from leaving the city.
According to the report, the number of workers who have left New York due to lack of room occupancy has tripled over the past four years.
According a study conducted by the New School for Social Research, the majority of people leaving New York for the next three years are not from the city, but are from other parts of the country.
The report also found that a quarter of the people who left New Yorkers last year were from Mexico and the Caribbean, with a similar share of those people staying in New York.
The institute also found there were some other factors at play.
“Most of the workers we spoke to said that they’d been offered hotel rooms by non-unionized workers, but that they were reluctant to take them,” the report states.
“Some said they were also discouraged from taking a job at a hotel that was not unionized.”
The institute says that while there is a general shortage of labor, it also says that many people have taken to using other jobs that are not traditionally considered jobs for workers.
For example, many hotels have added extra shifts for workers who are working from home, and have also started offering bonuses to workers who perform at least one extra shift a week.
“They’re doing this because they’re concerned that the number and quality of workers will decline in the future, and so they’re incentivizing workers to stay,” the institute said.
“In this way, they’re effectively creating the labor shortage.”
The citys tourism industry is also facing a shortage.
The Times reports that the hotel sector is experiencing an influx of people from overseas, as well as the influx of foreign tourists who have been staying at hotel properties for a number of years.
In the past year, the Times reported, there has been a sharp increase in hotel occupancy, and hotels have been hiring more foreign workers.
The city is also experiencing an increase in tourism dollars, which are being spent in hotels, restaurants, and other places that are more expensive than in previous years.
The tourism industry has been seeing a rise in revenue as well, according to the Times.
And with those extra dollars, hotels have begun to pay workers less.
The hotel industry is currently facing a growing labor shortage.
But as the Times reports today, some are wondering if they should just take the money and run.