Anthony Foley

Type: Person

Name: Anthony Foley

First Reported 11/02/2009 - Updated 11/02/2009 - 2 Documents

Drinks industry slump deepening

The depression in the drinks industry is deepening, with 70 per cent of licensed premises reporting a decline in sales over the past five years, according to a new report.Employment has decreased, sales revenues have fallen, and labour costs have increased ... [Irish Times - 11/02/2009]

Entities: Alcohol, Dublin, Anthony Foley

First Reported 11/03/2009 - Updated 11/03/2009 - 1 Documents

Irish hospitality report shows 'sharp decline' in sales and jobs

Words Clare Riley 0 comments The Drinks Industry Group of Ireland (DIGI) has published its annual survey of licensed premises, which concluded that between 2004 and 2009 employment has decreased, sales revenues have fallen, and labour costs have increased ... [Eat Out Magazine.co.uk - 11/03/2009]

Entities: Anthony Foley, Dublin, Ireland

Quotes

...The report's author, Anthony Foley said: "the overall picture is one of a sector suffering a period of sharp decline, with a large majority (70%) of all licensed premises surveyed reporting a decrease in net sales over the past five years. "moreover, the majority of licensed premises have relatively low annual sales revenues. 49% of all premises have annual sales revenues below 200,000, while at the low end, 27% of pubs located outside dublin have annual sales revenues of less than 60,000. "these declining revenues have had an impact on employment with 47% of all premises surveyed reporting a decrease in their staff levels over the five year period. this figure rises to 65% for pubs and bars in dublin. "at the same time, the on-trade remains employment intensive, with 75,000 people currently working in pubs, hotels, restaurants, nightclubs, at an average of seven staff per premises. as a consequence, labour costs are significant. the share of wages and salaries in net sales is at or over 25% for 30% of licensed premises compared with 19% of premises in 2003.""

Irish hospitality report shows 'sharp decline' in sales and jobs [Eat Out Magazine.co.uk - 11/03/2009]

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Anthony Foley