Hotel sales are flagging in Los Angeles County and throughout the state as high interest rates and smaller-sized deals have been a drag on the market, according to a recent industry report.

A new city reports bolsters a proposal by some L.A. City Council members to raise the minimum wages of hotel and airport workers before the 2028 Olympics.

Los Angeles hotel executives warn distress to follow wage hike. Possibilities of firesales and spooked investors and developers loom. Mayor Karen Bass (Illustration by The Real Deal with Getty) ...

Hotel openings so far this year are on pace with 2024. Five hotels opened in 2024 in LA County, according to Atlas Hospitality Group data. Of those, two opened in the first quarter.