Hospitality insolvencies nearly double as industry grapples with inflation

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The sector has been badly hit by the cost of living crisis, with many struggling as they come off government supports

The number of insolvencies in the hospitality sector nearly doubled over the last year amid an environment of surging energy costs and high inflation.

Just over 500 corporate insolvencies have been recorded in Ireland in 2022 so far, according to new figures compiled by Deloitte, the professional services group. That was up from 401 during the same period last year, a 29 per cent increase.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in FR

France Dernières Nouvelles, France Actualités