Results 1-8 of 8 for cork segment:7690464
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
...%. Some say the market will take care of itself and that unviable businesses will fail. How does one tell a third-generation family business in the hospitality sector in Waterford, Kilkenny, Monaghan, Dublin, Cork or any other part of Ireland that, through no fault of its own, it must fail because the country and its Government did not see the value in protecting small businesses and...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
Colm Burke: ...through the premises for the overall 12 months is going to be at most only 60% of what it would normally be. I had a conference call with some of the members of the Irish Hotels Federation in Cork two or three weeks ago. This was one of the issues that came up. In respect of the engagement with the insurance industry, what has the response been? Hotels have now been closed for three or...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
.... This is a source of great concern to us as businesses reopened yesterday after 105 days of cash burn. There are a lot of challenges around. The Deputy may be familiar with Michael Magner in Cork, who is very close to that. It is something that needs to be seriously addressed. It is so anti-competitive in terms of trying to build forward and certainly in terms of the level they cover...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
Colm Burke: ...want to talk about commercial rates. Again, there is not much knowledge among the general public about the cost of commercial rates to hotels. One of the quotes given to me was that one hotel in Cork is paying €420,000 per annum in commercial rates. Across the country, for a 100 bedroom hotel, what would be the commercial rates? I am referring to rates paid to the relevant local...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
...grant aid, then 50% of all restaurants will close. Some restaurants did not reach the starting line, which was yesterday, and have remained closed. These are seasonal businesses in west Cork and Connemara that cannot open. The situation is so serious that we need a package of measures, VAT reduction, grant aid and the temporary wage supplement scheme. Absolutely from our sector alone...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
Michael Collins: I thank the witnesses for their comments. I do need to say how businesses around the country in the pub, hotel and restaurant sectors are haemorrhaging money very badly. In my constituency of Cork South-West I have spoken to business owners from Kinsale to the peninsulas and there is serious concern out there. I will be putting a number of questions and I would appreciate it if the...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
Mr. Padraig Cribben: I thank the Deputy and I will try to address those matters. I am delighted to say his brothers in west Cork are members of our organisation. The Deputy asked if pubs qualify for any other aid but the only other one we can see is the holidaying of VAT from January to April, along with PAYE. What actually happened in the early stages is that the Government did a very...
- Special Committee on Covid-19 Response: Impact of Covid-19: Hospitality Sector (30 Jun 2020)
David Cullinane: ...the market will take care of itself and that unviable businesses will fail. How does one tell a third-generation family business in the hospitality sector in Waterford, Kilkenny, Monaghan, Dublin, Cork or any other part of Ireland that, through no fault of its own, it must fail[?] I agree with that and I have said for a long time that if we just take a simple market approach, it is not...