Tourism
Meliá boss warns of the consequences of increasing the minimum wage
Gabriel Escarrer speaking at the Exceltur forum in Madrid on Tuesday. | Efe - Chema Moya
Madrid22/01/2020 04:01
Gabriel Escarrer, the CEO of Meliá Hotels International and president of the Exceltur alliance for tourism excellence, advised Prime Minister Sánchez on Tuesday that government plans for labour reform and an increase in the minimum wage could have very serious consequences for employment in the tourism industry.
Also in News
- Mallorca beach again covered by thousands of 'little sails'
- Mallorca holiday paradise vanishing for some German tourists
- Tens of thousands of Mallorca-bound British tourists facing long air delays this summer, airline boss warns
- As Spain says adios to Golden Visa, Portugal says come on down!
- Reaching for higher stars: The modernisation of Mallorca's hotels
3 comments
To be able to write a comment, you have to be registered and logged in
If I read the 2018 Annual Report correctly the net profit for this company was ONLY 140 million euros so we must appreciate that the minimum wage must not be increased,keep the lowest workers in their place to enable larger dividends for shareholders and larger bonuses for the bosses. Think I will use a different hotel chain
Maybe he can kick in a little of his obscene salary and profit share to help those that he only gives short term badly paid contracts to? No workers = no guests = no hotels = no obscene salaries for hotel CEO's...
Might he also be concerned that the huge profits hotels make and the obscene salaries paid to their owners will diminish; and that he will have to exist on an income still hundreds of times more than his hotel workers receive?