Because you don't want to pay $1000-2000 per night for a hotel room.
Minimum-wage laws are inflationary. A mandatory ten-fold increase in wages can only be dealt with by means of generating a nearly ten-fold increase in the revenues needed to pay it -- meaning that we lay on a nearly ten-fold increase in prices to consumers.
They don't really help the people they're intended to help. No one really benefits any from raises in the minimum wage for low-end wage earners except for low-end landlords (most often, slumlords who shouldn't be allowed to be landlords, at that) - the rent goes up to wipe out the increased income of the low-end tenants.
The minimum-wage model is not a good model at all to insure a living wage for workers at the lower end of the pay scale.
Here, try this instead - I bet it would work: