Jump to content

Makati Shangri-La temporarily closed starting Feb. 1

Recommended Posts


Due to the crisis caused by the COVID-19 pandemic, Makati Shangri-La will be temporarily closed from February 1.

In a statement on Wednesday, Shangri-La Group said they needed to adjust their operations and number of staff “to adapt to the uncertain business environment” as a result of the pandemic.

“Throughout the unprecedented COVID-19 pandemic, our priority has been to preserve as many jobs as possible for our teams,” said the company spokesperson.

Over the past 10 months, Shangri-La Group has been trying to find ways to reduce operating losses such as cost reduction “including salary reductions and management level, implementing shorter work weeks, hiring freeze and cuts in non-essential spending.”

They allegedly did this while providing support to their rank and file employees to overcome the crisis.

However, “the prolonged recovery timeline has resulted in increasing financial pressure on the company here in the Philippines,” the statement said.

“We, unfortunately, must now make the extremely difficult decision to reorganise our workforce and operations in the Philippines as we continue to navigate an uncertain business environment,” the company added.

The reorganization will include the reduction of their co-workers.

Makati Shangri-La temporarily closed starting Feb. 1

“Every effort is being made to support all our affected colleagues through this transition, including providing a fair compensation package that is higher than local statutory guidelines,” the statement said.

Healthcare coverage will also continue as well as “grocery support” until the end of 2021 for affected employees. They will also provide “career transition assistance.”

“We continue to vigilantly monitor local and global developments and look forward to reopening Makati Shangri-La, Manila at a later date when business conditions have improved,” the company said.

Makati Shangri opened in April 1993, a year after the Shangri-La Group started in the country and founded EDSA Shangri-La.

Makati Shangri-La, Manila is a 5-star luxury hotel located in Makati and one of the three hotels managed by Shangri-La Hotels and Resorts in Metro Manila, Philippines.

Shangri-La is known for offering some of the largest rooms available in many destinations. There is a full range of accommodation options, ranging from deluxe rooms to luxurious suites.



  • Like 1
  • Thanks 1
Link to post
Share on other sites

I wonder when the high priced resorts in Lapu Lapu are going to close down?  Not many locals are going to shell out $200 to $400 for a nights stay, some have the means, but I don't think there are enough locals to sustain the costly resorts.

  • Like 1
Link to post
Share on other sites

The small resorts in our area of Calabarzon are doing well just now with overnight customers.  Seems the folks with means from Manila are spending their money locally rather than hoping on a plane to Palawan, Borocay, Bohol or abroad. 

Our business relies partially on tourists and its doing much better than expected. 

Link to post
Share on other sites

Well gee with rent of 300 million a year on the land only i can see how there could be a cash flow problem at this time

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...

Important Information

By using this site, you agree to our Terms of Use, Privacy Policy and Guidelines. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue..


I Understand...