Optimizing Covers in Phase Three
John Girvan, Manager at catering supplier Alliance Online Ireland (www.allianceonline.ie), shares so...

Read more

IFSA/Chef Network Operating Guidelines
Representing over 200 member companies, IFSA (the Irish Foodservice Suppliers Alliance) and Chef Net...

Read more

Brand Building with Video
  Video is a powerful communications tool, but hotels need to have a clear reason for posting ...

Read more

Fáilte Ireland Business Hub supports industry
In response to COVID-19, Fáilte Ireland has created a new online support hub for tourism businesses,...

Read more

Optimizing Covers in Phase Three
IFSA/Chef Network Operating Guidelines
Brand Building with Video
Fáilte Ireland Business Hub supports industry

'Uncertainty' tops hotel challenges

Dealing with uncertainty and reconciling opening and operating costs with significantly reduced demand are the stand-out concerns of hoteliers in the Great National hotel group. collinsdavid0520 
Research undertaken by the group shows that other major concerns include social distancing, handling groups, operating profitably, re-engaging and motivating staff, implementing safety guidelines, reassuring guests, paying suppliers and managing cash-flow.
 According to Great National's David Collins (pictured)The poll of hoteliers also revealed that 
* 53% of hotels have seen a 50% or more cancellation of business for 2020.
* 44% of hotels reported that over half of these cancellations requested a refund rather than postpone to a later date.
* 56% of hotels indicated that they had laid off all their staff.
In terms of liquidity supports, 90% of hotels availed of a wage subsidy scheme, followed by creditor rescheduling (35%), a payment holiday on business loans (32%) and a bank overdraft (29%).
The supports for business survival  favoured by the hoteliers  were ranked as 1) zero-rated VAT, 2) 2020 commercial rates to be waived, 3) business grant availability, 4) State debt forgiveness, 5) increased domestic marketing and 6) a government-backed travel insurance scheme.
*84% of hotels indicated that they could survive without income for no more than six months.
* 42% see a return to 50% occupancy by August 2020 while 49% do not see a return to 75% occupancy until the 2nd half of 2021.
 
A total of 59 Great National hotels were surveyed via email between 23 April and 3 May. Of these 38 hotels are located in the UK and 21 hotels are located in Ireland.A total of  32 survey questionnaires were completed, representing a 54% response rate.
As this research addresses general business sentiment, it is worth noting that the following are sample key developments that occurred during the survey period:
23 April: The United Nations Aviation Agency claims that international air passenger traffic could drop by as many as 1.2 billion travellers, or two-thirds, by September 2020.
25 April: US confirmed death toll from COVID-19 surpasses 50,000.
27 April: The British Prime Minister returned to work in Downing Street having recovered from Covid-19.
29 April: US GDP falls 4.8%, the worst economic decline since 2008.
May 1: The Irish Government publishes a roadmap for re-opening Ireland society and business.
 
 
 
 
 
 

Hallmark-Training-Version3

the-firm-hotel-catering-recruitment

NEW MEMBERSHIP BENEFITS
IHI Logo Final Logo

failte-ireland logo

Tourism Ireland Logo 1

picassa-june14

Contact HospitalityENews

Editor: Frank Corr
fcorr100@gmail.com


Sales & Marketing: Gavin D. Ryan
hospitalityenews@gmail.com

our hotels story

Hospitality E News 250x500

Follow Us