Type
Business expansion
Country
Austria
Region
Ostösterreich; Wien;
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55.1 - Hotels and similar accommodation

300 jobs
Number of planned job creations
Job creation
Announcement Date
5 July 2007
Employment effect (start)
31 December 2009
Foreseen end date

Description

The Asian luxury hotels chain group Shangri-La plans to open its first hotel in Vienna late in 2009, as it was announced on 5 July 2007. Shangri-La recently signed a long-term contract with an Austria-based construction company which will allow the hotel chain group to use historical premises for operating a five-star luxury hotel located in a premier city address. The new building will have 207 rooms and create more than 300 new jobs.


Sources

  • 5 July 2007: Der Standard

Citation

Eurofound (2007), Shangri-La, Business expansion in Austria, factsheet number 65586, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65586.