Makati Shangri-La Is Temporarily Closing Its Doors

Makati Shangri-La issues statement saying that it it is temporarily closing its doors beginning February 21 due to "continued low business levels" caused by COVID-19 pandemic.
PHOTO/S: Makati Shangri-La

Makati Shangri-La is the latest hotel hit hard by the COVID-19 pandemic, which has closed countless businesses due to extended lockdowns and halting economic activity.

In a letter obtained by Summit Media, Shangri-La Group's Vice President of Operations (Philippines) John Rice stated that the almost 30-year-old hotel will be temporarily closing its doors, but could reopen at a later date.

"As part of the reorganisation exercise, we will sadly be parting ways with a number of colleagues and we will be temporarily closing Makati Shanri-La, Manila from 1 February 2021 onwards," wrote Rice.

The letter, addressed to Philippine Hotel Owners Association President Arthur Lopez, referred to the move as a decision to "reorganize the workforce."

According to Rice, the property might reopen at a later date when "business conditions have improved."

"Despite our best efforts, the prolonged recovery timeline has resulted in increasing financial pressure on the company here in the Philippines," wrote Rice.

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The Philippines has been under lockdown for 10 months, with many businesses still not operating at full capacity.

Below is the full statement from Shangri-La Group:

Shangri-La Group Full Statement on the temporary closure

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Makati Shangri-La issues statement saying that it it is temporarily closing its doors beginning February 21 due to "continued low business levels" caused by COVID-19 pandemic.
PHOTO/S: Makati Shangri-La
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