Ireland business Ireland

Christmas cancellations cost hotels €90m in revenue

Reading now: 871
www.rte.ie

Hoteliers are reporting over €90m in lost revenues as a result of many companies cancelling events and social gatherings, according to new research by the Irish Hotels Federation.

As a result, hotel and guesthouse owners are calling on the Government to provide additional supports. The IHF said in normal times, December trading sustains the first few months of the following year for many hotels and guesthouses.

However, it said as a result of the recent event cancellations, the sector and broader tourism are at a "critical juncture" requiring continued Government supports at current levels.

Read more on rte.ie
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News