Staff, guests focus of new NYC mandate for hotel buyers
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2020-10-02
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Abstract
New legislation regarding keeping employees after the acquisition of the hotel in New York City becomes controversial. This new law makes hotel buyers keep hotel staff for a minimum of 90 days after purchase. While potential buyers are opposed to it because of the difficult situation in the pandemic, City council explained why they advocated the law; this regulation protects hotel staffs in terms of job security to support the local economy. Also, another coming legislation prohibits hotels from assessing cancellation fees from the service disruptions from construction work, infestation, and unavailability of any advertised hotel features, etc.
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Ownership, NYC hotel, hotel legisration