Hoteliers Welcome Chambers

Irish Hotels Federation President Michael Magner congratulated Jack Chambers, TD on being named Minister for Finance, who takes up his new role at a critical junction for Irish tourism and hospitality, with businesses throughout the country facing enormous pressure in relation to ever-increasing operating costs. 

Mr Magner said:

"On behalf of hotels and guesthouses throughout the country, I would like to congratulate Jack Chambers on his new role as Finance Minister. He has been a strong supporter of Irish tourism during his career to date, and we look forward to continuing to work with him and his colleagues in Government to address the challenges now facing our industry, including in relation to business costs.

"As Minister for Finance, Mr Chambers has a pivotal role to play in securing the long-term sustainable development and recovery of Irish tourism. This will require a decisive response in the upcoming Budget to offset the impact of Government-controlled cost increases and to put our industry on a more stable footing. This should include a review of the blanket increase in tourism VAT, given the enormous impact this decision has had on food businesses. At a minimum, there is now a strong and immediate case for the Government to reduce the VAT rate to 9% for food-related services."

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