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 55.1 - Hotels and similar accommodation
200 jobs Number of planned job creations
Announcement Date
12 June 2008
Employment effect (start)
30 September 2008
Foreseen end date
Description
150 new jobs will be created by Kempinski Hotels S.A. - a worldwide hotel chain of luxury hotels with headquarters in Geneva - and Slovenian company Istrabenz Hoteli Portorož. The two companies signed an agreement for the next 20 years, providing that the Palace Hotel in Portorož on the Slovenian Adriatic coast will be operated by Kempinski, which in turn will provide brand name, know-how, management, marketing and staff training. The hotel has been recently fully reconstructed and renovated by Istrabenz Hoteli Portorož and has been upgraded to a high class luxury hotel with an investment of between EUR 76 million and EUR 100 million. The hotel will open to the public by the end of September 2008.
The latest information (Finance, 2008-08-07) says that the new hotel will employ 200 employees in high season.
Sources
7 August 2008: Finance
12 June 2008: Delo
12 June 2008: Finance
Citation
Eurofound (2008), Kempinski Palace Hotel, Business expansion in Slovenia, factsheet number 66723, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66723.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
