Kolkata's five-star Swissotel shuts amid contract expiry
Hit by the Coronavirus-triggered economic crisis, five-star Swissotel in Kolkata temporarily shut operations amid the contract between its owner Ambuja Neotia Group and French hospitality chain Accor expiring. The contract expired on June 30 after ten years of operating the hotel.
Following the closure of operations, 250 employees of the hotel have been sent on furlough with subsistence allowance.
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