Hotel union charges Anbang with unfair labor practices

Unite Here filed the complaint after Chinese company refused to disclose ownership

Aug.August 10, 2017 05:30 PM
Anbang’s mysterious ownership (credit: Anbang Insurance Group)

U.S. labor union Unite Here filed unfair labor practices charges against Anbang with the National Labor Relations Board on Wednesday, after the company refused to release information on its ownership and sources of financing.

Unite Here demanded Anbang disclose its ownership and business plans in May, claiming federal labor law grants the group access to information about company practices that might affect its workers, the Wall Street Journal reported. The union will represent over 1,000 workers at Anbang’s Westin St. Francis, Loews Santa Monica Beach Hotel, and Fairon Chicago hotels in the lawsuit.

As part of its $6.5 billion purchase of Strategic Hotels and Resorts from Blackstone Group last year, Anbang acquired the Loews Santa Monica Beach Hotel. Santa Monica’s powerful Unite Here Local 11 union — which is in the midst of contract negotiations with 250 workers at the Loews hotel — immediately expressed concerns that the property would go the way of the Waldorf Astoria hotel in Manhattan. Anbang acquired that property for $2 million in 2014 — and proceeded to convert most of it into condos.

Santa Monica’s City Council took the union’s worries into account, voting unanimously in June to have its lawyers draft legislation that would force hotels in the city to disclose their ownership. [WSJ] – Naiwen Tian

Related Articles

Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

La Mirada industrial building

Clarion pays $77M for La Mirada industrial project

510 Park Avenue and CEO of Monster Beverage Rodney Sacks

Monster Beverage affiliate guzzles down industrial project in San Fernando

From left: Saeed Nourmand, Michael Nourmand, Grant King and Richard Heyman

Relevant Group sues Nourmand & Associates’ founder, alleging extortion over hotel projects

Centennial founder and CEO Steven Levin with a rendering of the project

Centennial Real Estate approved for sprawling $300M mixed-use village

Apartment complex at 1435 Stanley Avenue and Raintree Partners CEO Jeffrey Allen (Credit: Apartment Finder)

Raintree Partners spends $79M on Glendale multifamily portfolio

LA Mayor Eric Garcetti

Down goes Measure EE: Property tax referendum routed at polls