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Hospitality sector suffers an explosion of insolvencies

Insolvency rates in the hospitality sector have increased by more than 200% in the first half of this year. This comes as the government is expected to increase the 9% VAT rate for the sector in September. With more on this Newstalk Breakfast spoke to Adrian Cummins, CEO of the Restaurants Association of Ireland.

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06.00 18 Jul 2023


Hospitality sector suffers an explosion of insolvencies


Listen to this episode


Share this article

06.00 18 Jul 2023


Insolvency rates in the hospitality sector have increased by more than 200% in the first half of this year.

This comes as the government is expected to increase the 9% VAT rate for the sector in September.

With more on this Newstalk Breakfast spoke to Adrian Cummins, CEO of the Restaurants Association of Ireland.


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