Steep fall in hospitality spending following Level 3 restrictions

Dublin users spending in restaurants fell by 39% by the third week of additional restrictions, compared to the week prior to Level 3 being introduced

Members of the public enjoying outdoor coffee and dining in Dublin City centre. Picture: Sasko Lazarov / RollingNews.ie

The move to Level 3 restrictions in Dublin had a significant impact on the hospitality and tourism sectors, new data from Revolut shows.

Comparing spending in the week before Level 3 was imposed (Week 0) to the first, second and third week following the additional restrictions, online bank Revolut saw significant impacts in how Dublin users spent their money, with the hospitality and tourism sectors taking the hardest hit.