Saturday March 28, 2020

A business budget? Just don’t say it to hoteliers...

Curbing tax reliefs when they have fulfilled their purpose shows backbone and sound financial sense. But it won’t make the government any friends in the hospitality sector

14th October, 2018

Five years ago, I wrote a lengthy feature on the calamitous state of the Irish hotel industry entitled ‘Heartbreak hotels’. At the time, Ireland was littered with half-empty hotels, built at huge expense courtesy of huge debt and generous tax breaks. It was all very nouveau riche: per head of population, our developers built the greatest stock of four- and five-star hotels in the world.

In 2013, there were 12 hotels in the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Most policies don’t include pandemics, so the government may be forced to step into the breach to share the burden, experts say

Peter O'Dwyer | 6 days ago

The Covid-19 outbreak has highlighted the importance of public health medicine, but the service is badly in need of reform

Priscilla Lynch | 6 days ago

The pandemic is a humanitarian tragedy, but it will also leave a lasting mark on the global economy with, currently, Europe being hardest-hit

Eugene Kiernan | 6 days ago