Energy costs ‘impossible’ to predict, says Dalata chief | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Dalata, Ireland’s largest hotel group, has said it is “impossible” to predict what its future energy costs will be as soaring prices are beginning to bite for businesses.

Dermot Crowley, chief executive, and John Hennessy, chairman, Dalata Hotel Group. Picture: Maxwells

“Energy costs were €10 million in 2019, which was the last full year pre-Covid-19. It will be a multiple of that, but what exactly it is, I couldn’t tell you. It’s just so unpredictable at the moment,” Dermot Crowley, chief executive of Dalata,...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Almost two-thirds have ‘little to no’ disposal income due to price hikes | Business PostAlmost two-thirds of people have “little to no” disposable income due to the cost of living crisis, the latest Business Post/Red C poll reveals. Two thirds of people asked have admitted that they are working to survive and not working to live. 50% said they are surviving off savings but what happens when the savings run out? This government is so far out of touch it’s going to cost lives.
Source: businessposthq - 🏆 8. / 71 Read more »

Richard Colwell: Confidence in the future diminishing as cost of living crisis bites | Business PostThe latest Red C poll shows that almost two-thirds of voters feel they have little or no disposable income left after bills are paid
Source: businessposthq - 🏆 8. / 71 Read more »

Sinn Féin support at record high as cost of living hits voters’ pockets | Business PostIn the Business Post/Red C poll, 68 per cent say quality of life has reduced, while 63 per cent have little to no disposable income. A total of 73 per cent say they are buying cheaper food and 50 per cent are using savings or credit to pay for everyday living obraonain Not surprising every day there's more evidence of fg ff green corruption and cronyism, Amamark or whatever they are called the latest brazen corruption obraonain Spin Fein with their populist one for everyone in the audience promises that they have no intention of implementing
Source: businessposthq - 🏆 8. / 71 Read more »

Ireland needs to tackle ‘zombie’ companies, says leading law firm‘Awful lot of businesses with a broken balance sheets,’ says McCann Fitzgerald via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »