Ilikai Hotel workers reach tentative contract [Yahoo! Finance]
Marriott Vacations Worldwide Corporation (VAC)
Last marriott vacations worldwide corporation earnings: 2/26 04:15 pm
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Source: Yahoo! Finance
Unionized Ilikai Hotel workers who have been without a contract for nearly six years had planned on holding a rally Friday but instead held a one-day strike. The move clearly worked. After 10 hours and 10 minutes of the strike, the workers' union, Unite Here Local 5, and the company signed a tentative agreement at 4 :10 p.m. Friday that includes "immediate wage increases that bring Ilikai workers up to standard with other Waikiki hotel workers, " Local 5 said in a news release. Ilikai workers walked off the job at 6 a.m. Friday, with roughly 50 people out on the picket line, including employees from other Local 5 properties, a Local 5 spokesperson said. Workers returned to work as early as Friday evening. Ilikai workers make $8 less an hour, on average, than their counterparts at other Waikiki hotels, Local 5 said in a news release. Despite that discrepancy, the Ilikai's guest rooms are twice the size of an average hotel guest room, and all include full kitchens, according
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VAC
Earnings
- 2/21/24 - Beat
VAC
Sec Filings
- 4/19/24 - Form SC
- 4/2/24 - Form 8-K
- 3/27/24 - Form DEFA14A
- VAC's page on the SEC website