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.
Accommodation / Food 55 - Accommodation 55.1 - Hotels and similar accommodation 55.1 - Hotels and similar accommodation
200 jobs Number of planned job creations
Announcement Date
28 March 2017
Employment effect (start)
1 March 2017
Foreseen end date
31 August 2017
Description
The Parisian palace Hôtel de Crillon, which belong to the royal family of Saudi Arabia, will reopen next summer after a two-years long renovation. The hotel has kept 200 of its employees and about 160 left the company in the framework of a voluntary departure plan launched in 2014. The hotel is starting to recruit 200 employees on permanent employment contracts before the summer.
Sources
28 February 2017: Gestion sociale
2 March 2017: Tour mag
Citation
Eurofound (2017), Hôtel de Crillon, Business expansion in France, factsheet number 90424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90424.
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