The first applications have already been processed: “ The fund is intended to show our staff that we are there for them in emergency situations, in the long term and beyond the crisis. The fund is supported by private seed capital from David Fattal, CEO of the Fattal Hotel Group and founder of Leonardo Hotels, and by staff donations. In order to provide support here, Leonardo Hotels Central Europe have set up a social fund for special exceptional situations. Putting staff on short-time working was the most difficult decision the company has ever made. The re-openings are also combined with being able, albeit slowly and gradually, to get our staff back out of short-time work.”Įstablishment of a social fund to financially support staff
Furthermore, we cannot disregard the decisions being taken by the governments of the individual European countries in which we are represented. In addition to the extensive protection and hygiene measures that have been put in place, we are constantly reassessing the current situation, which activity is becoming discernible on the market and how our corporate customers and partners are behaving. Now we are delighted that we are able to gradually start up our hotel business from week to week because we missed our guests very much and they missed us. Yoram Biton’s assessment: “Several hotels at key locations were open to our guests during the shutdown. Since the beginning of May, Leonardo Hotels have reopened their hotels at numerous locations across Germany and Europe. Hotels opening in many locations throughout Europe The crisis has shown me one thing very clearly and I am proud of how well we stick together as a team and what we can do together.” We have so far succeeded in doing this and I hope that we will overcome this exceptional situation. Our aim was always to get them through this time while reducing the enormous costs as far as possible. The safety of our employees always takes top priority in all our decision-making. We are very grateful for the support and understanding we have experienced with regard to this. We started accelerated discussions with our banks, partners, investors, owners and suppliers in order to find solutions together. From then on, we had to assess the current situation in daily video conferences and make new decisions based on that.
Yoram Biton, Managing Director of Leonardo Hotels Central Europe: “Despite initial great uncertainty, it was clear to us at the start of Covid-19 that the situation is very serious and that quick action is required. The hotel business had to be suddenly shut down with the exception of just a few open hotels and staff had to be put on short-time work. Hotels reopening at many locations throughout Europe Against the crisis – hotel portfolio expansion in 2020.īERLIN – Many hard and dramatic weeks lie behind Leonardo Hotels.
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