Hoteliers report electricity prices rises of over 400%

The IHF has also signalled its concern over the forward occupancy rates being reported by hotels with many reporting rates of 23% in November and 18% in December.

Hoteliers are reporting electricity price increases of over 400% from 2019 according to a new survey by the Irish Hotels Federation (IHF).

The group stated that hoteliers are facing "unsustainable pressure" this winter due to soaring energy costs and large price increases in linen and food which on an annual basis have increased 29% and 22% respectively.