The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Hotel / Restaurants Accommodation And Food Service Activities Accommodation 55.10 - Hotels and similar accommodation
1,500 jobs Number of planned job losses
Announcement Date
5 August 2020
Employment effect (start)
Foreseen end date
Description
LGH Hotels Management, the British company that focuses on managing mid and upscale hotels in England and Scotland announced that 1,500 jobs were at risk of redundancy as LGH continued to run hotels on ‘skeleton staff’ in response to the COVID-19 pandemic.
LGH’s chief executive said the company was 'reviewing all options' to ensure that the company was sustainable in the future.
A representative of the trade union Unite said they would put forward alternatives to compulsory redundancies and warned LGH that mass redundancies could bring reputational damage.
LGH Hotels was founded in 2018 and it manages 55 hotels under the brands Hallmark Hotels, Crowne Plaza, Holiday Inn and Hilton, employing 2,500 people.
Eurofound (2020), LGH Hotels Management , Internal restructuring in United Kingdom, factsheet number 101907, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101907.
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