Accor Group’s Sofitel Agadir Faces Uncertain Future as Management Contract Nears End

The situation of the staff of the luxury hotel, Sofitel Agadir Royal Bay Resorts, is in suspense, after the divorce between its main Emirati shareholder and the company Risma, the legal representative of the French group Accor.
According to the site Agadir24, the businessman from the Gulf does not intend to extend the management agreement with the Moroccan company, whose contract expires in June.
The freezing of relations between the two partners would have contributed to the stagnation of the situation of one of the most dynamic hotel structures in the region, leading to the loss of hundreds of jobs.
After displaying occupancy rates of at least 70% for years, the manager of the 5-star hotel has decided to abandon the hotel and its staff, without paying the 50% of the promised salaries at the beginning of the covid-19 crisis.
After taking up the case, the local authorities proposed several urgent measures to the Board of Directors during a meeting held on Tuesday, May 27, in order to find a compromise with the hotel staff.
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