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Covid 19 to hit hotel developments

Commercial real-estate adviser Savills Ireland has estimated that Dublin’s hotel development pipeline will decline by up to 32 per cent as a direct result of the Covid-19 pandem newhotel0420

ic.

While the boom in visitor numbers to the capital over the past decade has seen the addition of some 4,000 new hotel bedrooms, the immediate impact of the coronavirus on the tourism sector has prompted Savills to reduce its previous forecast for the delivery of 5,926 new rooms between March 2020 to the end of 2022, to 4,057.

Commenting on the numbers, Tom Barrett, director at Savills’ hotel division, said: “Just a few weeks ago, before the current restrictions, Savills visited Dublin hotel construction sites to observe physical progress. Based on these visits – and our own analysis – we expect hoteliers, developers and investors will complete most projects that have commenced construction, although the delivery and opening dates will slip.”

Carluccios in Administration

Restaurant chain Carluccio's has entered administration, putting approximately 2,000 jobs at risk, after challenging trading conditions on the high street were exacerbated by the carluccio0420

coronavirus crisis.

The group has 71 restaurants in the UK and Ireland.

Joint administrators from advisory firm FRP have been appointed to explore options including a sale of all or parts of the group, and said that the primary purpose of the move is to rescue the company.

'Heroes' Fund tops €550,000

The group set up to raise money to help feed the frontline workers battling the coronavirus has received more than €550,000 in donations. heroes0320

'Feed the Heroes' announced the milestone as it said more than 18,500 meals have been delivered nationwide.

“We have been completely blown away by the response of the Irish people,” said Cian O’Flaherty, who founded the group as the first cases of the virus arrived on these shores.

He revealed how the generosity of Irish people has seen the amount raised vastly exceed the goal of the initiative when he, and Tad McAllister, set it up on March 15.

Revenue responds to Tourism queries

Fáilte Ireland has liaised directly with Revenue to get clarity on the questions raised by the tourism industry in relation to the Temporary COVID-19 Wage Subsidy Scheme.

The Tourism Authority hasnow created a COVID-19 Wage Subsidy Scheme FAQ document providing answers to these questions which can be found in the Government Supports section of its support hub .

The questions were collated directly from various industry sectors and all answers have been provided by Revenue to Fáilte Ireland.

Choice stay offer for health workers

The Choice hotel group offer of 1,800 free stays to healthcare workers has received "overwhelming" response which saw the allotment snapped up within hours.

The Choice Hotel Group's properties in Ireland include the g, the House and the Hardiman hotels in Galway, the Shoreline Hotel in Donabate, Co Dublin, and Hotel Woodstock in Ennis, Co. Clare.

The offer, launched across its social media platforms , rewarded the first 1,800 subscribers with a free night's B&B at a hotel of their choice between August 1 of this year and July 31, 2021.

A booking link will now be sent to successful subscribers, it says.