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Royal Caribbean, Marriott And Edwardian Hotels Too Big To Fail?

Posted on Aug 11, 2020. by NTI

Neil used to live in London. Others lived there, too, some of them spending the summer in the chi-chi and glitz of the May Fair Edwardian Hotel where he would count the cars as he passed by. Lamborghini, Bentley, Lamborghini, McLaren, Neil's Fiat Punto (imagine getting a parking space there, in central London!), Bugatti, Aston, some dodgy matte-green super-Audi; they lined up like statements-of-arrival for the well-wheeled and the well-keeled. If there is one hotel chain that is vaccinated against Covid-19 surely it is Edwardian Hotels London, one of Britain’s biggest privately owned hotel groups. Apparently not. Caroline Marais, human resources director at Edwardian, said at the weekend, “Covid-19 has severely affected the hospitality industry and our business. Regrettably we have to make difficult decisions, such as the reduction of the corporate work week . . . salaries and permanent job cuts.” They have even had to reduce some of the ice-sculptures which tower over the breakfast buffet at the May Fair. Hard times are felt differently by different groups of people.

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