Media Coverage – April 2023
“A number of issues, including staffing and inflation, have put restaurants and hospitality businesses under pressure, but others, including supply chain issues, footfall in urban centres post COVID-19 and rent pressures are also impacting them,” said RAI CEO Adrian Cummins. It comes as a new survey shows more than half of restauranteurs fear they’ll be forced to shut their doors for good this year. Research carried out by the Restaurants Association of Ireland shows that 67% of restauranteurs fear closure over the next twelve months.”
“Restaurants Association of Ireland CEO Adrian Cummins said May 1 will be a “day of reckoning” for already struggling hospitality businesses that have to pay back the warehouse tax to Government after the pandemic.”
“Independent provider of risk and financial advisory solutions Kroll has revealed in its new survey fresh fears that restaurants and other businesses in the hospitality sector may be forced to close in the coming 12 months as a result of inflationary and staffing pressures.”
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