Friday, September 10, 2010

Fairmont Royal york workers on one day strke

Unionized employees at the Fairmont Royal York Hotel went on a one-day strike early Friday morning, the first full day of the Toronto International Film Festival.


Talks between the hotel and the union broke down late Thursday night, sending more than 900 workers onto the picket line early Friday morning.

Members of the union, Unite Here Local 75, have been without a contract since July 16, and say their "patience has run out with hotel owners who have dragged their heels" on contract negotiations, according to a statement released Friday. The union is protesting increasing workloads, shortened shifts and high injury rates. This strike follows one on Sept. 3 at the Hyatt-Regency where members of the same union, demanded laid-off workers be hired back.

Administrators put The Eton Group up for sale

KPMG, the Administrator for The Eton Group announced today that it has selected CBRE Hotels as the exclusive agent to sell the portfolio of 5 prestigious boutique and townhouse hotels. The hotels consist of
- Threadneedles, London
- The Colonade, London
- The Academy, London
- Quebec, Leeds
- The Glasshouse, Edinburgh

The properties comprise a total of 271 bedrooms and continue to trade, while in Administration, at levels which exceed those of 2009.

Craig Millward, Director of CBRE Hotels EMEA commented “This is an excellent opportunity to acquire the hotels unencumbered therefore offering a new owner flexibility in regard to integrating them into an existing group and in regard to re-branding. We expect there to be significant interest in these assets from operators and investors alike”.