Hoteliers urge Government to tackle 'alarming' insurance cost increases

Michael Magner, president of the Irish Hotels Federation: 'The exceptionally high cost of doing business in Ireland is one of the most serious challenges facing our sector. This includes insurance costs, which continue to increase at alarming rates.'

Hoteliers have urged Government to tackle high insurance costs and argued many operators have not seen changes to their premiums despite reforms.

The Irish Hotels Federation (IHF) said “excessive” insurance rates continue to burden operators amid other cost pressures.