The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
North East; Northumberland and Tyne and Wear; Tyneside
Location of affected unit(s)
Sector
Hotel / Restaurants Accommodation And Food Service Activities Accommodation 55.1 - Hotels and similar accommodation
260 jobs Number of planned job creations
Announcement Date
17 November 2011
Employment effect (start)
18 November 2011
Foreseen end date
Description
Leisure company Cairn Hotel Group will create 260 new jobs in Tyneside following an investment in a number of hotels. The company has been renovating Darlington's King's Head Hotel and the Scotch Corner Hotel, resulting in the creation of 120 new jobs. It has also opened DoubleTree Hotel, creating 140 more new jobs. Recruitment for new staff has already begun, and the new recruits will cover managerial, back office as well as bar and restaurant positions.
Sources
17 November 2011: BBC News
Citation
Eurofound (2011), Cairn Hotel Group, Business expansion in United Kingdom, factsheet number 72763, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72763.
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