HTC Negotiates New Eight Year Industry-Wide Agreement

The Hotel and Gaming Trades Council this week announced that it has reached a tentative agreement with the Hotel Association of New York City on a new Eight-year Industry-Wide Agreement (“IWA”).

The IWA was already considered the best contract in the world for hotel workers – with unparalleled wages, health and retirement benefits, and rights on the job. This new agreement goes even further – delivering the biggest wage increases in the union’s history (more than 2.5x the average increases in the last contract), maintaining free family healthcare, increasing pension contributions, providing new benefit funds to address rising costs in housing and child care, protecting members’ jobs, improving paid time off, expanding members’ rights at work, and strengthening the union's already unparalleled ability to enforce the contract – all without a single giveback.

Read more about the contract and how the union won here and in the New York Times, Wall Street Journal, The Guardian, and Crain's!