July stimulus 'a missed opportunity',  say Cork hoteliers

Maintaining the VAT rate at its current level makes Ireland 'untenable from a competitiveness point of view', says Cork IHF chairman.

Fergal Harte, general manager of The Kingsley Hotel and chairman of the Cork branch of the Irish Hotels Federation. Picture: Eddie O'Hare

Cork hoteliers said they have serious concerns about the stimulus package announced by the Government, saying it does not go far enough to support tourism and jobs.

Fergal Harte, chairman of the Cork branch of the Irish Hotels Federation (IHF), criticised the lack of a VAT-rate cut for the sector.