The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(55 - 56) Accommodation / Food 55 - Accommodation 55.1 - Hotels and similar accommodation 55.1 - Hotels and similar accommodation
175 jobs Number of planned job creations
Announcement Date
9 August 2012
Employment effect (start)
9 August 2012
Foreseen end date
Description
Hotel RUI Seabank, a subsidiary of the Seabank group, has increased its employee numbers from 150 to 325. This is due to an extensive renovation and reconceptualization of the hotel, which was inaugurated at the beginning of August 2012.
The hotel has invested 32 million Euros to increase its capacity from 285 to 474 beds.
Sources
9 August 2012: Times of Malta
13 August 2012: Malta Right Now
Citation
Eurofound (2012), Hotel RUI Seabank, Business expansion in Malta, factsheet number 73394, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73394.
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