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Stock impact report

Thousands of hotel workers to rally in 18 cities ahead of contract negotiations [Yahoo! Finance]

Hyatt Hotels Corporation Class A (H) 
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
U.S. and Canadian cities, as talks are beginning with operators Marriott International, Hilton Worldwide Holdings and Hyatt Hotels Corp. Talks will cover about 40,000 workers who look to secure new contracts for the first time since the pandemic. Workers want to reverse pandemic-era staffing and service cuts, as well as duplicate the big pay hikes that organized workers across the nation have been winning in the recent years. Demonstrators rallying for raises on May 1, the international workers' holiday, may face some pressure in markets still recovering from the pandemic, such as San Francisco and Hawaii, analysts say. "There have been a series of staffing and service cuts that have led to both painful working conditions for the workers and reduced services for the guests," said Gwen Mills, international union president at Unite Here, which represents nearly 300,000 workers in hotels, casinos, food service, airports, and more across the U.S. and Canada. After domestic travel Show less Read more
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