New CDO to Drive Checkers & Rally’s Growth
Checkers & Rally’s welcomes Peter Busse as Chief Development Officer, signaling a new era of strategic expansion and franchise support for the quick-service brand.
Aug 4, 2026
Checkers & Rally’s welcomes Peter Busse as Chief Development Officer, signaling a new era of strategic expansion and franchise support for the quick-service brand.
Aug 4, 2026
Explore restaurant payment processing and learn how payments are authorized, settled, secured, reconciled, refunded, disputed, and deposited into business accounts.
Aug 3, 2026
Skye Anderson will lead McDonald's USA as its new president, stepping in to accelerate growth and revive sales. Learn how her leadership could shape the future of the restaurant industry.
Aug 4, 2026
Fast-growing chain HTeaO names franchise veteran Brian Wise as CEO, fueling the brand’s ambitious growth plans and franchisee-first strategy.
Aug 4, 2026
Dave & Buster’s announces Tarun Lal’s retirement as CEO, welcoming Darin Harper to the helm as the brand continues its Back-to-Basics strategy and growth initiatives.
Aug 4, 2026
Restaurant owners can use this guide to evaluate employee benefits, estimate expenses, define eligibility, manage enrollment, and strengthen staff retention.
Aug 3, 2026
Krispy Kreme announces two key internal promotions, naming Suk Nicholas as Chief Commercial Officer and Lori Suess as Chief People Officer. These appointments signal a continued commitment to innovative growth and people-first strategy.
Aug 3, 2026
Domino's launches a bold campaign offering $5 off digital orders in exchange for customer feedback on its revamped app and website - signaling a new era of guest engagement for restaurant operators.
Aug 3, 2026
Discover ten essential technology tools that help restaurant owners streamline operations, control costs, improve accuracy, and support better daily decisions.
Jul 31, 2026
This guide explains restaurant accounting, covering revenue, expenses, payroll, inventory, taxes, financial statements, cash flow, and strategies for improving profitability.
Jul 31, 2026
Explore the implications and reactions to Los Angeles City Council's decision to gradually raise the hourly minimum wage for tourism workers to $30 by 2028, known as 'The Olympic Wage'.

The recent decision by the Los Angeles City Council to enhance the hourly minimum wage for tourism workers, which includes individuals employed at airports and hotels, signifies a pivotal moment for the city's labor landscape. Referred to colloquially as 'The Olympic Wage', this legislation aims to fortify the tourism workforce in anticipation of major international sporting events such as the 2026 FIFA World Cup, the 2027 Super Bowl, and the 2028 Summer Olympics.
The approved legislation outlines a phased approach towards wage increments over the next five years, commencing at $22.50 on Feb. 1, 2025, and gradually rising to $30 per hour by 2028. Moreover, besides the wage raise, employees will also benefit from an additional healthcare plan valued at $8.35 per week, as reported by ABC News. This provision reflects a comprehensive approach aimed at addressing the needs and well-being of the workforce.
City Council President, Marqueece Harris-Dawson, underlined the importance of ensuring that full-time workers in Los Angeles can afford a decent standard of living, exemplifying the underlying ethos of this legislation. Testimonials from individuals like Lorena Mendez, an airport worker, shed light on the real impact on workers' lives, emphasizing the necessity of such measures to enable sustainable living conditions amidst rising costs and economic challenges.
While the legislation encompasses a broad spectrum of tourism workers, exceptions are made for concessions businesses with 50 or fewer employees at Los Angeles Airport. However, critics have raised concerns about the potential adverse effects of this substantial wage increase on industries like tourism, aviation, and hospitality, particularly in the post-pandemic recovery phase. Chad Maender, President, and CEO of the LAX Coastal Chamber of Commerce, expressed apprehension about the ordinance's impact on these sectors, hinting at possible challenges ahead.