Hospitality industry calls for Government action on rising business costs
Thursday, August 18, 2022
The British hospitality industry have written an open letter to the government calling for urgent measures to deal with rising energy prices which could destroy membership unless they are curbed immediately.
The letter said the trading conditions for pubs, restaurants, music venues, night clubs, hotels and broadly based cafes had become so un-affordable that "many venues are already reducing the hours they open their doors" and that average hospitality bills had risen by "in excess of 300%"
U.K. Hospitality, Night-Time Industries Association, Music Venue Trust, the British Institute of Indoor Trade and The British Beer and Pub Association co-authored the letter saying that "rocketing energy prices (becoming) a matter of existential emergency."
Thousands of hotel rooms in the UK are facing closure as a perfect storm of overheads threatens to engulf them and drag them down for good.