Half of the group's hotel park was already closed to date.
Due to the pandemic of coronavirus, the gFrench hotel group Accor to close “two-thirds” of its hotels around the world in the coming weeks. “Our activity is very very strongly impacted”, said CEO Sébastien Bazin at a press conference on Thursday, April 2. Lhalf of the park was already closed to date.
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The French executive also indicated that the group was renouncing to distribute as planned 280 million euros in the form of a dividend to its shareholders. he goes “allocate 25% of the planned dividend, ie 70 million euros“to a fund intended for its employees, and “preserve” the remaining 210 million.
Currently, “Accor asked not to be there on April 2” two-thirds of its 300,000 employees, working in some 5,000 hotels under the Accor brand worldwide (Sofitel, Novotel, Mercure or Pullman): these are partially unemployed or unemployed, said the manager. “Because unfortunately we have no customers, and the hotels are closing.”
The fund that the group will soon create can help “case by case” those of its employees being “in great financial difficulty following technical unemployment measures” and cover their hospital costs when they “do not have social security coverage”, said the boss of the sixth largest hotel group in the world. It may also potentially benefit “individual partners in great financial difficulty” or to “solidarity initiatives in support of nursing staff and charitable organizations” battling the Covid-19.