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Industry Insider: Contracts align for national hotel strike

"'Never before has a hotel labor union had as much negotiation power as it will in 2006,' Lerner said in a note to investors. 'The ultimate risk is a 'national' hotel labor strike.'

The main issues, Lerner said, are workers' rights, health benefits, wages, staffing levels, length of contract and pension benefits, among other things. Companies with the greatest exposure include Hilton, Starwood and Hyatt, although InterContinental, Fairmont, Marriott and Four Seasons also could be affected to a lesser degree. Lerner said UNITE-HERE wants to deal with hotel management at a corporate level rather than at each property, where negotiations have historically taken place."
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~ link: Sunday, October 23, 2005
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