Hong Kong’s InterContinental hotel to lay off 500 employees
The InterContinental hotel on the Tsim Sha Tsui waterfront in Hong Kong will lay off about 500 employees as it embarks on a two-year renovation project, a labor union has said.
Alex Tsui, chairman of the Hong Kong Hotel Employees Union, said the workers would have their last working day on May 1.
A small number of the staff will be retained to run a Chinese restaurant, Yan Toh Heen, which will remain open during the renovation.
The hotel, operated by Britain-based InterContinental Hotels Group, said on Thursday it would kick off the renovation on April 20. Upon completion, the hotel will restore its name to Regent Hong Kong – its original brand since its debut in 1980 until the group took over its operations in 2001.
In a statement, the hotel said it would try to arrange its employees to work in other hotels under the same group and would consider hiring them on a priority basis upon completion of the renovation. However, it did not disclose how many employees were laid off.