Accor has cut 800 jobs in the Middle East and Africa due to the pandemic and sees some positive signs emerging from the United Arab Emirates and Saudi Arabia, according to its chief executive office for the Middle East and Africa.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…1867 Views | the publication reaches you by | Saudi Arabia Today
The group made 800 jobs redundant, he said.
He revealed Accor’s hotels in Ajman and Fujairah have been full, “but at a reduced capacity level”.
Gulf Arab nations have started to ease lockdown measures. Saudi Arabia plans to curb restrictions gradually and to return to normal by June 21. Dubai has shortened nightly curbs on movement and allowed businesses such as gyms and cinemas to reopen. Kuwait also announced it won’t renew its 24-hour curfew.
Still, research firm STR Global estimates that 30% of jobs in Dubai’s hotel industry are likely to be lost over the summer until demand recovers.
Though hotels in the UAE have been full at a reduced capacity, Accor doesn’t plan to increase prices for the time being, Willis said.
“Obviously prices are driven by demand and over the next 6 months, 9 months before we return to some form of normality, that demand will return, but it will return in a slow fashion,” he said.
150 take part through Watani Al Emarat via the ‘Your City Needs You’ initiative Over 150 volunteers –…1619 Views | the publication reaches you by | Saudi Arabia Today
Do you have information you want to reach our readers?