Monday November 23, 2020

Hotel chief calls for subsidies to be extended into next summer

Prem Group chief executive Jim Murphy says continuing the tourism sector wage subsidies through the 2021 holiday season would allow ‘most of the sector to survive’

Killian Woods

Business reporter

22nd November, 2020
Jim Murphy, chief executive of Prem Group: ‘As a sector, we‘ve been told to shut down. We have shut down, we have been compliant, and at a significant cost.’ Picture: Fergal Phillips

Wage subsidies need to be extended beyond the end of next March for the tourism sector to prevent closures of hotels and cuts to services, one of the country’s biggest hospitality operators has warned.

In a submission to the Department of the Taoiseach which has been seen by the Business Post, Jim Murphy, chief executive of Prem Group, said the sector was also being pressed by tour operators to cut prices after the...

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