In many ways, this has been a festive period like no other for the hospitality sector. At the time of writing, we still have no Executive, and we are full steam ahead for more transport strikes planned for this week, in the mouth of Christmas and the busiest time of year for our pubs and restaurants. Businesses depend on this period for sustenance during the quieter months.
As we look towards a new year though, there are plenty of opportunities for a fresh start and new beginnings. With the prospect of the Assembly returning, and the restoration of political leadership in Northern Ireland once again, there is hope that in 2024, our hospitality businesses will be able to get back on their feet.
A new year provides the opportunity for renewed energy and a fresh impetus to how we approach the sectors which drive our economy. In the first instance, a future Tourism Strategy must recognise the central role that hospitality plays in not just attracting visitors to this island but upholding its economy.
The UK government’s increase of the minimum annual salary for overseas workers to £38,000 from the spring is set to have a detrimental impact across the hospitality industry. These are people that businesses rely on, and we need incoming ministers to look at other options which will actively address current labour shortages, rather than exacerbate them.
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Energy bills and the cost of food remains high, and this is keeping a squeeze on people. We watch in hope for inflation coming down, and this protracted cost of doing business crisis easing.
After a disappointing Autumn Statement from the Chancellor, our focus now turns towards the Spring Budget and of course, a General Election.
Hospitality VAT needs to be on the table. This is a measure that will cost any government in the short-term, but the benefits it will reap are worth it. Driving growth in the hospitality sector, and in turn the economy, should be a priority for any incoming government.
Our Executive also must deliver a dedicated hospitality strategy, and there needs to be a greater focus on the sector within a renewed programme for government. Among other things, we also urgently need to see the delivery of some business rates support.
In summary, hospitality’s Christmas wish this year is for our political leadership to commit to prioritising and actually supporting Northern Ireland’s vital sectors.
We live in hope for a 2024 with a functioning government, where strikes are a thing of the past, and for conditions that will allow our businesses to thrive and not just survive.
:: Colin Neill is chief executive of Hospitality Ulster
