At the end of this year, the luxury hotel Grandhotel Hessischer Hof in Frankfurt will permanently close its doors due to the COVID-19 crisis, which has left it without customers, announced its owner, the “Prince de Hesse” group.
The closure of the facility will lead to the layoff of 63 employees out of the 350 in the group that owns the hotel.
The hotel and tourism sector has been hit hard by the pandemic due to travel restrictions imposed worldwide as part of the measures taken against the new coronavirus.
Frequently Asked Questions
Why is Grandhotel Hessischer Hof closing?The hotel is closing permanently due to the COVID-19 pandemic, which resulted in a total loss of customers following global travel restrictions.
How many layoffs will occur?The closure will result in 63 layoffs from the 350 total employees of the “Prince de Hesse” group.
What is the broader impact mentioned?The hotel and tourism sectors have been severely impacted worldwide by travel restrictions imposed to combat the coronavirus.