Hospitality | Page 6

The rate will first take effect Jan. 1 for hospitality workers and will "create a phased approach for minimum wage increases for large businesses and small businesses with adjustments every six months to create consistency in the minimum wage citywide by July 1, 2023," the city council said in a statement.

Leaders in this field must read the room, while inviting feedback to deliver the best customer experience.

In a recent conversation with 'Entrepreneur', the hospitality innovator lays out five ways business owners can weather recessions, pandemics and the perils of being broke.

Learn the factors affecting the freight transport and hospitality industries and how they're adapting.