In this report CIS has specifically looked at the Hotel sector in ROI.  In terms of the overall hospitality sector including pubs, clubs and guest houses etc, we can see that there is also a decline in the number and value of plans submitted and approved when comparing Q1 2023 and Q1 2024.

There has been a drop in value from €115.9m (Q1 2023) to €67.9m (Q1 2024).  The Covid pandemic years had an obvious impact on Irish hospitality venues, however there are now other factors very much hindering the sector to move forward – lack of hospitality staff, increase in minimum wage, increase in food costs, increase in utility/energy bills/rents.

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