"This is a huge cashflow challenge for most hotels and guesthouses who have already experienced nothing short of a catastrophic financial shock from this pandemic." The new Economic Recovery Plan published by the government today has been welcomed by hotel groups and arts groups in Ireland for its retention of the financial supports such as Employment Wage Subsidy Scheme (EWSS) and for providing a basic income for artists.
The new plan has been praised by Irish Hotels Federation (IHF) President, Elaina Fitzgerald Kane who said: "Hotels and guesthouses are facing reopening costs of approximately €964 per bedroom – equivalent to […]
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