On Air Now

Overnight Music

Midnight - 6:00am

  • 045 901 490
  • 0833-979797

Now Playing

REM

Shiny Happy People

IHF: Pandemic Cost Hotels €5.3 Billion In Lost Revenuue.

Stock image: Shutterstock

It says an extremely challenging nine months lie ahead

The Covid-19 pandemic led to Irish hotels losing a combined total of 5.3 billion euro in revenue.

That's according to the Irish Hotels Federation, which says there was a 55 per cent drop in revenues for 2021 compared to pre-Covid levels.

The group says business has been exceptionally poor so far this year, with occupancy levels averaging 22 per cent to the end of August.

It says an extremely challenging nine months still lie ahead, with booking levels falling sharply in the absence of overseas visitors.


 

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Thu

    Heavy rain shower

    10°C

  • Fri

    Light rain shower

    11°C

  • Sat

    Light rain

    10°C

  • Sun

    Heavy rain shower

    11°C

  • Mon

    Sunny intervals

    12°C