Orbis

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55.1 - Hotels and similar accommodation
514 jobs
Number of planned job losses
Job loss
Announcement Date
9 March 2005
Employment effect (start)
Foreseen end date

Description

Orbis, the hotel chain operator, wants to open more economy class hotels while, at the same time, reducing employment. Orbis currently operates 67 hotels, among them eight Ibises. The economy class hotels bring the company more profits than higher class hotels, therefore, Orbis will increase the number of Ibis hotels to 17. It will also open 23 low price (one star) hotels called ‘Etap’. Up to 2009, all hotels called ‘Orbis’ will be renamed, as the company wants to reserve this name for its own travel agency and transport company. Additionally, Orbis wants to create five administration and information centres that will service the hotels.

Sources

  • 9 March 2005: Rzeczpospolita

Citation

Eurofound (2005), Orbis, Internal restructuring in Poland, factsheet number 61268, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61268.