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Hotel industry: social plans are multiplying

2021-01-14T17:58:42.933Z


AccorInvest in turn cuts 1,880 jobs. Large groups are preparing for a slow recovery.


Faced with a lasting crisis, hotel groups are increasing their social plans.

The most important of them, AccorInvest (a 30% subsidiary of Accor and owner of 900 hotels in Europe), has just announced a plan to cut 1,880 jobs in Europe, including 770 in France.

“We do not expect a return to normal before 2024,

recognizes Gilles Clavié, its managing director.

A third of our clientele is international and 60% business.

It will come back gradually.

Despite the aid mechanisms of the various governments, we must adjust our structure. ”

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Hotel industry: AccorInvest plans 1,900 job cuts in Europe, including nearly 770 in France

In 2020, turnover fell by 70%.

Under an ad hoc mandate, AccorInvest requested at the beginning of October a State guaranteed loan (PGE) of 470 million euros, which it is still awaiting.

A capital increase of the same magnitude - subscribed by its shareholders - would also be a matter of weeks.

“AccorInvest will cut around 10% of jobs,”

notes Gilles d'Arondel, secretary of the FO Accor union.

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Source: lefigaro

All business articles on 2021-01-14

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