TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.
The following is the [Travel News]: Shangri-La hotels to let go 100 staff, report says from [Thestandard] recommended by TheTourAttraction.com:
For the six months ended June, Shangri-La Asia Limited reported a loss of USD 255.4 million compared with a profit of USD 64.2 million the year before.
About 100 employees are to be laid off from hotels of Shangri-La Hotels and Resorts, a union has said in a social media post, reports say.
The Hong Kong Hotel Employees Union said in a Facebook post that Island Shangri-La Hotel, Kowloon Shangri-La Hotel, Kerry Hotel, and Jen Hong Kong, will let go about 100 employees.
Meanwhile, Kerry Hotel will become a government-designated quarantine hotel.
For the six months ended June, Shangri-La Asia Limited reported a loss of USD 255.4 million compared with a profit of USD 64.2 million the year before. Consolidated revenues tumbled by 62.1% to USD 453.5 million, compared with USD 1.19 billion for same period last year.