Business

Le Richemond in Geneva closes its doors

The activity will be suspended indefinitely due to the crisis due to the coronavirus - 130 are losing their jobs
CdT Archive
Ats
09.07.2020 09:39
130 employees lose their jobs.

Luxury tourism has been greatly affected by the coronavirus pandemic crisis. Le Richemond in Geneva, a 5-star hotel with rooms starting at around 400CHF per night, announced yesterday its intention to suspend the activity at the end of August - for an indefinite period -

The border blockade linked to the coronavirus crisis and the cancellation of numerous flights have drastically reduced the number of tourists in the city on Lake Geneva: these are insurmountable obstacles that do not allow you to glimpse a short or medium-term recovery, says the management of the hotel in a statement.

Le Richemond has remained open since the start of the pandemic, but reserves are now exhausted. Managers do not indicate a possible reopening date and are not optimistic: there is a fear that the absence of customers will continue until 2022, they say. The cancellation of the 2021 edition of the International Motor Show confirms that concerns have a foundation.