Novotel Occasions Sq. Lodge has completely closed on account of the COVID-19 (coronavirus) pandemic. The resort formally shut its doorways simply earlier than Christmas, based on state information.
The Employee Adjustment and Retraining Notification (WARN) Particulars, up to date on December 18, 2020 and made public on January 6, 2020, reads: “As a result of resort proprietor’s resolution to cancel the administration contract, the enterprise will now not function the resort as of the shut of enterprise, [December 23, 2020]. This can affect a complete of 225 staff. The resort stays briefly closed to the general public. Of the 225 whole impacted staff, 137 had been beforehand furloughed on [March 15, 2020] and eight had been completely separated on [July 31, 2020].
In line with Commercial Observer, Paris-based Accor constructed the 35-story, 480-room resort at 226 West 52nd Avenue in 1984. Accor owned the property till 2012, when it was offered to Apollo World Administration and Chartres Lodging Group for about $94 million, as reported by The Real Deal. Accor stayed on because the supervisor as a part of the deal, and the brand new homeowners launched a $118 million renovation of the property.
Earlier within the 12 months, as reported by our sister publication Luxury Travel Advisor, The Occasions Sq. Version closed round August 13, 2020, only a 12 months after its much-anticipated opening. The Omni Berkshire Place, situated close to Rockefeller Middle in Midtown Manhattan, additionally completely shut on account of the pandemic, based on Luxury Travel Advisor.
The Business Observer report provides that different properties to shut embody, in September, the 44-story Hilton Occasions Sq. and, the following month, the landmarked Roosevelt Lodge in Midtown. As of September 2020 (the most recent numbers out there) 58 p.c of Manhattan’s 129,000 resort rooms had been nonetheless closed with 2,700 anticipated by no means to reopen, based on a report from PricewaterhouseCoopers.