Mr Madden, who is the chairman of the Mayo Branch of the Irish Hotels Federation, said the Government faces huge challenges in Budget 2023. “I do not know where it is going – it is a huge, huge problem,” he added. “I was trying to fix a year’s price contract on our gas and, from what I was on last September, I have seen an 11-fold increase in my bill – that is just unsustainable. “It is really hurting businesses that are big energy users because the price of oil, gas and electricity for commercial heating purposes is massive at the moment.
Clew bay oil prices free#
Get ahead of the day with the morning headlines at 7.30am and Fionnán Sheahan's exclusive take on the day's news every afternoon, with our free daily newsletter.Įnter email address This field is required Sign Up He warned that some businesses may now find it easier to close operations throughout the energy-intensive winter months rather than face struggling to cope with eye-watering bills. “It also requires investment and that is where we need the Government to help us.”ĭarren Madden, who operates the popular Clew Bay Hotel in Westport, Co Mayo, said its gas bills had risen by a staggering 1,100pc in less than two years. “But none of that can be achieved overnight. “We have done everything we can to reduce our energy usage – we have a green energy team here at the hotel – and we are investing in energy-saving systems. “But all of that means we are a 24/7 operation with quite significant energy needs. “We have a large spa and health club, we have a thermal suite and, thankfully, we have a very good occupancy rate heading into the winter,” Mr Harte said. The manager of the 131-bedroom Kingsley Hotel in Cork, Fergal Harte, revealed gas and electricity bills have soared by 360pc. Please note, if a bid is received in the final minute of a timed auction, the clock resets back to sixty seconds, in order to give other bidders an opportunity to respond.Irish hoteliers might be forced to close during the winter as energy bills rocket by tens of thousands of euro.īusiness owners have said their investment and expansion plans could be shelved, given the “triple-whammy” of soaring electricity and gas and oil prices.Ĭraft producers, food firms and hoteliers are “deeply concerned” for the future as it is shaping up to be a very long and tough winter. If you are outbid for a lot, an email will be sent to you to notify you and to invite you to increase your Maximum Bid. This means that you may win an item for less than your maximum bid, but it also means that you can be outbid if someone else enters a higher Maximum Bid. The system will advance your bid automatically, on your behalf, only when required, up to the maximum you have chosen.
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