Fuel hike: fewer, shorter holidays

2012-02-23 00:00

HOTELIER Peter Renwick fears the fuel hikes and the electricity increases because of their chain effect.

“They will definitely erode the available spend that people have, which will impact on our business,” said the CEO of Scottburgh’s Cutty Sark Hotel.

“Our clients are reliant on disposable income. Increases in electricity, fuel and food prices will eat away at that disposable income.”

Renwick said people would probably take shorter and fewer holidays.

“It is already such a competitive market and everyone is fighting for a chunk of the cheese.

“This would mean fighting harder for business,” he added.

Renwick said sin taxes would not be of much consequence.

“Alcohol is a small portion of our market,” he said.

Property rates, electricity, water and salaries were his hotel’s major expenses, he said.

“Our operating costs vary depending on occupancy. This year we are really feeling the hike in water and electricity.”

Renwick said that if there was any surplus from any cutbacks in taxes they would be invested back into the hotel.

“We will use that money for improvements to the hotel,” he said.

• witness@feveronline.co.za

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.