Restaurants and bars are really struggling from a triple blow;
1. Locals are not dining out due to the cost of living crisis, disposable incomes have taken a hit.
2. Tourists numbers are down due to a lack of accommodation, as one third of hotel rooms outside Dublin are being used to house refugees, this among other factors is also driving up room rates. Dollar to Euro value is also down 20% on this time last year, so the Americans are not as enticed to travel over.
3. Utility rates are costing a fortune to even open the doors.
Factor in things like staff retention issues, insurance, food price inflation and TV broadcast costs(Sky is up to €2,350p/m) etc – you start to wonder how any publican or restauranteur can survive.
I was walking in the city today and the amount of sale now on, summer sale, sale 50 % off, in shop windows, I’d say there will be a lot more to come, good luck folks.
Edit : closers of things in town, that is.
I work in an English language school in Dublin and i can the students are finding it much harder this year to find a job then they did last year. They would mostly work in hospitality. I would say there is a recession happening that hasn’t found its way to the official numbers just yet.
This is year on year movement from a low baseline in 2022. Like are these the ones that would have failed in normal times without the covid supports & PUP now failing?
Also are they saying there’s a collapse *in growth* in the sectors specified since last year? i.e. stabilisation
This is reading a little click-baity
Lads is 7 odd quid a pint these days. We’re living in weird times
There’s a place closed here in cork pre Covid the food was quite reasonable, say 16€ for a burger, post Covid this same thing went up to 32€ so naturally people stopped going and the place is now closed. It’s really sad to see.
Bunch of beggars with their hands out during COVID and then right back to gouging but even worse than before after.
Feel bad for the staff, the primarily minimum wage and poorly treated staff. But fuck the hoteliers. Fuck the lot of them.
Maybe the competition will kick in and we’ll start having some food diversity and good service 👀
Huh I coulda sworn I read the same headline 12 or so years ago…
I’m on holiday In the south east. 100 euro for the family to eat in a very average place the first night with one round of drinks, mostly cokes 2 beers one course, terrible service,
150 for family to eat out second night nice place 2 beers, cokes and one course plus dessert .
I’d go the second place again, first place not a hope, I could cook the quality of food myself and I didn’t even enjoy being there. I also don’t order alot if takeaways any more either they have gone up too much in price and I feel that theres no value In it. I can walk over the shop and cook substantial good quality handy food I made myself for the family for 20 or 30 euro, why would I be paying 60 or 70 on crap.
If they went bust it probably wouldn’t affect me. Deliveroo type slave labour fella delivering it. Just a restaurant owner going bust who probably pays half his staff into the hand and the other half minimum wage.
I don’t think tax money should be spent propping up this industry allowing suppliers to keep their prices high, keeping crapy competition against quality places propped up.
Sooner or later there is going to be work from home, the industries that feed off office staff who forgot their lunch won’t last. Especially if they can’t even provide a cheap low quality dinner for people on 500 euro a week who are putting 200 a week into a double room in a houseshare in santry.
Shits gonna get real, we have reached the end of Varadkars policies of kicking everything down the road and being bitchy to anyone who criticises him.
All the coffee horse box influencer people are suddenly gonna realise they have long term debts and rent agreements too I’m guessing. Getting lends to buy fancy cars off the strength of a few grand coffee sales.
Who’s fault is that? The banks or car dealers should know better, but they will say the opposite.
10 comments
Restaurants and bars are really struggling from a triple blow;
1. Locals are not dining out due to the cost of living crisis, disposable incomes have taken a hit.
2. Tourists numbers are down due to a lack of accommodation, as one third of hotel rooms outside Dublin are being used to house refugees, this among other factors is also driving up room rates. Dollar to Euro value is also down 20% on this time last year, so the Americans are not as enticed to travel over.
3. Utility rates are costing a fortune to even open the doors.
Factor in things like staff retention issues, insurance, food price inflation and TV broadcast costs(Sky is up to €2,350p/m) etc – you start to wonder how any publican or restauranteur can survive.
I was walking in the city today and the amount of sale now on, summer sale, sale 50 % off, in shop windows, I’d say there will be a lot more to come, good luck folks.
Edit : closers of things in town, that is.
I work in an English language school in Dublin and i can the students are finding it much harder this year to find a job then they did last year. They would mostly work in hospitality. I would say there is a recession happening that hasn’t found its way to the official numbers just yet.
This is year on year movement from a low baseline in 2022. Like are these the ones that would have failed in normal times without the covid supports & PUP now failing?
Also are they saying there’s a collapse *in growth* in the sectors specified since last year? i.e. stabilisation
This is reading a little click-baity
Lads is 7 odd quid a pint these days. We’re living in weird times
There’s a place closed here in cork pre Covid the food was quite reasonable, say 16€ for a burger, post Covid this same thing went up to 32€ so naturally people stopped going and the place is now closed. It’s really sad to see.
Bunch of beggars with their hands out during COVID and then right back to gouging but even worse than before after.
Feel bad for the staff, the primarily minimum wage and poorly treated staff. But fuck the hoteliers. Fuck the lot of them.
Maybe the competition will kick in and we’ll start having some food diversity and good service 👀
Huh I coulda sworn I read the same headline 12 or so years ago…
I’m on holiday In the south east. 100 euro for the family to eat in a very average place the first night with one round of drinks, mostly cokes 2 beers one course, terrible service,
150 for family to eat out second night nice place 2 beers, cokes and one course plus dessert .
I’d go the second place again, first place not a hope, I could cook the quality of food myself and I didn’t even enjoy being there. I also don’t order alot if takeaways any more either they have gone up too much in price and I feel that theres no value In it. I can walk over the shop and cook substantial good quality handy food I made myself for the family for 20 or 30 euro, why would I be paying 60 or 70 on crap.
If they went bust it probably wouldn’t affect me. Deliveroo type slave labour fella delivering it. Just a restaurant owner going bust who probably pays half his staff into the hand and the other half minimum wage.
I don’t think tax money should be spent propping up this industry allowing suppliers to keep their prices high, keeping crapy competition against quality places propped up.
Sooner or later there is going to be work from home, the industries that feed off office staff who forgot their lunch won’t last. Especially if they can’t even provide a cheap low quality dinner for people on 500 euro a week who are putting 200 a week into a double room in a houseshare in santry.
Shits gonna get real, we have reached the end of Varadkars policies of kicking everything down the road and being bitchy to anyone who criticises him.
All the coffee horse box influencer people are suddenly gonna realise they have long term debts and rent agreements too I’m guessing. Getting lends to buy fancy cars off the strength of a few grand coffee sales.
Who’s fault is that? The banks or car dealers should know better, but they will say the opposite.