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The Swissôtel on the Kurfürstendamm will be gone soon. As reported on Monday the Berliner Morgenpost, the five-star hotel will cease operations at the end of November. The reason for the closure should be premature termination of the lease. The owners of the building, the investor RFR Holding based in Frankfurt and the Centrum Group of Düsseldorf, had acquired the hotel only in May
120 employees lose their jobs
The closure should result in the loss of 120 employees including 23 apprentices. How the building should be used in the future is still not clear. Guests booking from December should be accommodated in other hotels.
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