Accor Hotels Spares Morocco in Global Job Cuts Amid Pandemic Losses

In his presentation of the results, the Chairman and Chief Executive Officer of Accor, Sébastien Bazin, indicated that his group is resisting with a robust balance sheet and high liquidity levels thanks to its transformation towards an Asset Light model.

According to him, the transformation of the organization is accelerating to achieve the best performance while continuing to offer quality experiences to customers. Although the Accor group has hotels on its territory, Morocco is spared by this transformation, indicates Maroc Hebdo.

For Ismail Loubaris, Director of Sales, Distribution and Marketing for Morocco of the Accor group, this reduction in staff does not take into account the group’s hotels in Morocco which are rather the property of Risma and the CDG in particular. It rather takes into account the staff of Accor at the regional headquarters among others. The group wants to reduce its costs worldwide by 200 million euros by 2022. For the time being, the Moroccan branch does not yet have the details of this global reorganization.

Continuing his explanations, the sales director of the group argues that these elements would be available by the end of September. "I think these layoffs will rather target the countries where the group has a very large number of hotels. Regarding the health of Accor Management Morocco, I can tell you that the year has been difficult, not only for us, but for the whole world," he admitted.