Hospitality Industry News
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Optimism building in hospitality industry
Optimism building in hospitality industry Occupancy in Bangkok and Phuket is likely to bottom out soon as the Covid-19 recovery phase begins Thailand's hotel industry is now entering a recovery phase following the easing of lockdown measures…
'Eat out to help out' will revive hospitality industry, says restaurant owner
A restaurant owner from the Isle of Wight has said the ‘eat out to help out' scheme will revive the hospitality industry. The new policy will mean meals eaten at any participating business from Monday to Wednesday during August will be 50%…
VAT boost for hospitality industry
Media player Media playback is unsupported on your device Chancellor Rishi Sunak has announced a VAT cut from 20% to 5% across the hospitality industry, a sector particularly hard hit by the coronavirus pandemic. The VAT rate cut will come into…
Cheaper staycations and meals out as VAT cut to 5% for hospitality industry
BRITS are set to save £160 a year on staycations and meals out as VAT has been slashed as part of today's mini-Budget. VAT (value added tax) will be cut from 20 per cent to 5 per cent for businesses in the hospitality and tourism industry…
Hospitality industry vents frustration over latest lockdown
A former AFL star turned publican has vented his anger at the Premier over the latest lockdown. Paul Dimattina, owner of Lamaro's Hotel, told 3AW Drive it had been a “horrific” 24 hours for the hospitality industry after it was…
UK hospitality sector boosted by meal vouchers and VAT cut
The chancellor's summer statement provided a double boost for the UK hospitality sector, with a cut in consumer spending tax and a discount voucher scheme designed to encourage people to eat out. Rishi Sunak acknowledged that the UK economy rested…
Govt urged to lower alcohol, hospitality VAT rate to 5%
The Irish drink and hospitality sector is urging the Government to deliver a VAT reduction in the July stimulus economic plan. The call comes after the UK announced it was slashing VAT (Value Added Tax) on hospitality services from 20% to 5%. At…
VAT slashed for hospitality, but will hotel stays become cheaper?
Rishi Sunak has slashed VAT rates for holiday accommodation and attractions in a much-needed boost for the UK tourism industry. Enjoy unlimited access to all articles Get unlimited access for free for your first month Cancel anytime Rishi Sunak has…
VAT for hospitality and tourism sector cut to five per cent
A large cut in Value Added Tax (VAT) has been announced for the hospitality and tourism industry by the Chancellor. Speaking to MPs during a statement on the Government's plans for the economy following the coronavirus pandemic, Rishi Sunak said…
Mablethorpe's hospitality industry is back open for business
Graham Cullen, one of the owners of the Louth Hotel in Victoria Road, said that Saturday's reopening had started off “nice and steady”. However, he added that he had to shut the door to extra customers after 10.30pm in order to meet…
Hospitality industry's response to AIDS pandemic offers lessons for SC restaurateurs today
Along with electric company vice presidents and community college deans, public health officials in the mid-1980s were popular fixtures of the weekday lunch club speaking circuit. Previously, their tales of outbreaks and filth hadn't been…
A huge relief': Pub and restaurant workers welcome hospitality rescue package
The chancellor had attempted to play down the significance of Wednesday's 'summer statement' but it contained more significant announcements than some recent Budget speeches. There was a cut to VAT, suspension of stamp duty, a multi billion-pound…
Eat out to help out' - Britain aids hospitality sector with voucher scheme
LONDON, July 8 (Reuters) - Britain's government will hand out vouchers worth 500 million pounds ($625 million) to the public to boost spending at restaurants, cafes and pubs that have been hit hard by the COVID-19 lockdown, finance minister Rishi…
Hospitality scholarship awarded to West Hartford student
HARTFORD — Max Cares Foundation, a non-profit charitable organization, recently awarded five scholarships to two college-bound high school graduates and three rising college students that are set to study in the fields of culinary arts and…
Sunak slashes VAT on tourism and hospitality from 20% to 5% til Jan
The UK Chancellor Rishi Sunak has announced cuts to VAT worth £4.5 billion as a lifeline for the struggling British tourism and hospitality sector. In his summer statement to the House of Commons on Wednesday, the chancellor told MPs that VAT…
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