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ParkRoyal KL To Close Temporarily, All Staff Will Be Offered VSS

Photos credit to agoda | kayak

Covid-19 pandemic hits the local hospitality industry badly and continues to lead to more closures, both temporary and permanent.

Credit : FMT

The 46-year-old five-star ParkRoyal Kuala Lumpur is fast-tracking their planned renovation by six months which will start mid-June 2020 for approximately 15 months and offering a Voluntary Separation Scheme (VSS) to all its employees.

In the memo, Chung said that the hotel’s operations and finances had been severely impacted by the MCO and that significant financial losses were projected for the year even after taking into account various cost reduction measures. The total closure of the hotel will minimise the operating losses, he added.

Credit : FMT

He also urged the staff to take up the VSS. He told FMT “The industry’s current outlook is not very exciting. We are just closing temporarily and will reopen in late 2021. This is not ‘closing shop’.”

He said the last day of employment for the staff will be June 8.

However, the hotel’s two sister properties in Malaysia, Park Royal Serviced Suites Kuala Lumpur and Park Royal Penang, will still continue operations.

Source : NST