Shangri-La announced the temporary closure of their Makati hotel in the Philippines due to uncertain business condition effective February 1, 2021.

“Despite our best efforts, the prolonged recovery timeline has resulted in increasing financial pressure on the company here in the Philippines,” said Makati Shangri-La in a statement.

“Owing to continued low business levels and having considered all viable options over weeks of consideration and deliberation, we unfortunately must now make the extremely difficult decision to reorganize our workforce and operations in the Philippines as we continue to navigate an uncertain business environment.”

It added that a number of their employees will be displaced as the hotel will temporarily close its operations.

Affected employees will be provided support through the transition, including providing a fair compensation package that is higher than local statutory guidelines and extending healthcare coverage and grocery support until December 31, 2021 to provide affected employees and their families peace of mind during these uncertain times. The hotel chain also vowed to providing colleagues with career transition assistance to help them get back on their feet.

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