Overall, the city has about 150,000 hotel rooms, according to the Las Vegas Convention and Visitors Authority. There are also concerts and other events scheduled, and by some estimates the weekend is expected to draw about 100,000 visitors to the city. Practice runs are scheduled for Thursday and Friday next week, and the race itself is set for Saturday, November 18. The city is hosting an F1 Grand Prix that will include a portion of the Strip as a racetrack. It said there will be additional raises over the five-year life of the contract.Ī Friday strike at almost all of the city’s major casinos would have come at a particularly bad time. While the terms of the deal s were not immediately available, the union said Wednesday that the deal at Caesars immediately added nearly $4.57 an hour in additional money going to a combination of pay and benefits. The average Culinary union member in Las Vegas gets $26 an hour in both pay and benefits, but the union would not break out how much of that goes to salary and how much goes to benefits such as no-premium health care and a traditional pension plan that pays a monthly benefit to retirees. But that’s still 33% higher than rent in September 2019. Since that peak, rents in Las Vegas have come down slightly, following national trends, and the typical rent in the city was $1,808 in September of this year. Typical rent reached a high of $1,861 a month in July of 2022, which was up 38% from $1,351 a month in July 2019. In Las Vegas, typical rents spiked nearly 40% from prior to the pandemic, according to Zillow. “With this new union contract, hospitality workers will be able to provide for their families and thrive in Las Vegas.” “After seven months of negotiations, we are proud to say that this is the best contract and economic package we have ever won for in our 88-year history,” said Ted Pappageorge, secretary-treasurer for the union and its chief negotiator. In addition to pay increases, the union said the deals include workload reductions for guest room attendants, mandated daily room cleaning (which is a job security issue for the union), increased safety protections for workers on the job, expanded technology contract language, and extended recall rights in case of layoffs. But while details of the agreements were not immediately available, the union’s chief negotiator called the deals “historic” and “life changing” for members, many of whom have to work two jobs to support themselves and their families. “Therefore, we are very pleased that we were able to reach an agreement.”Īll three of those tentative agreements need to be ratified by rank-and-file members before they can take effect and end the risk of a strike altogether. “We strongly believe that only the most talented and empowered employees, working in an environment in which they feel valued and well compensated, can deliver our signature Wynn and Encore guest experiences,” said Michael Weaver, spokesperson for Wynn Las Vegas. The deal with Wynn was reached at 2 am PST Friday, following all-night negotiating sessions Tuesday and Wednesday night at Caesars and MGM. Instead it announced a tentative deal with Wynn Resorts, which followed similar agreements Thursday with MGM Resorts International, which owns eight of the casinos, and Wednesday at Caesars Entertainment, which owns nine of the casinos. The union that represents more than 35,000 cooks, food servers, bartenders, housekeepers and other workers at 18 major casinos had threatened to wage the largest strike in US hospitality industry history starting at 5 am local time Friday. Friday morning in Las Vegas saw labor peace, and not a threatened strike along the Strip, as the Culinary union has reached its third tentative labor deal in three days with a casino operator.
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