Makati Shangri-La will be temporarily closing its doors due to this reason
Makati Shangri-La officially released a statement announcing that it would be temporarily closing its doors because of this reason.
Makati Shangri-La was the latest hotel hit hard by the coronavirus pandemic, which had closed countless businesses because of extended lockdowns and suspending economic activity.
With this, the Shangri-La Group issued a statement saying that Makati Shangri-La will be temporarily closing its doors starting February 1, 2021 because of “continued low business levels” caused by the coronavirus pandemic.
John Rice, the Vice President of Operations (Philippines) at Shangri-La Group, stated in a letter obtained by Summit Media that the almost 30-year-old hotel would be temporarily closing its doors.
The letter — addressed to Philippine Hotel Owners Association (PHOAI) President Arthur Lopez — referred to the move as the company’s decision to “reorganize the workforce.”
However, Rice said that the Shangri-La Group was looking forward to reopening the hotel at a later date when “business conditions have improved”.
READ ALSO: Some Branches Of Victoria Court To Close Because Of The Impact Of COVID-19 Pandemic
“Despite our best efforts, the prolonged recovery timeline has resulted in increasing financial pressure on the company here in the Philippines,” Rice said in a statement.
According to PEP.ph, Makati Shangri-La will be closing its doors from February 1, 2021 onwards. You can read the full statement from Shangri-La Group below:
The Philippines had been under lockdown for 10 months, with a lot of businesses still not operating at a full capacity.
For more news and updates, you may feel free to visit this site more often. You may also visit Newspapers.ph via the official Facebook page and YouTube channel.
