Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Committee on Tourism, Culture, Arts, Sport And Media
Impact of Covid-19 on the Restaurant Industry: Discussion
Mr. Paul Treyvaud:
I thank the Deputy for his question. Put simply, it is easy to run a business when it is closed. You have no idea of bills that are going out or of anything. That is where we currently are. It has been referred to as kind of a "zombie state". They have fallen off the cliff without realising it. They will only see it once we reopen, that is, if we reopen.
Once people reopen, the subsidies will come to halt in the next month, which is what we have been led to believe. It is important to understand that we have had no cash flow. We got through last winter because until then we had traded as normal. This year, we had no Christmas season, shoulder season or spring season. We have been closed in June and in July. Rural Ireland, in particular, has a three- to four-month maximum window to get us back to next March and April, to the start of next season. We will lose half of that. In my opinion, there is a good chance we will lose all of it, with the way things are going. People do not realise that their business is gone and they will only see that in the coming weeks or months when they get to reopen.
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