Hospitality chief calls for certainty in over restriction timeline
The chief of the Australian Venue Company has joined a chorus of hospitality leaders in calling for a clear timeline for the easing of restrictions to ensure the future of the hospitality industry.
Australian Venue Company recently pulled out of a $100 million deal for St Kilda's Esplanade Hotel and seven other gastro pubs from Melbourne-based Sand Hill Road group due to the current uncertainty.
“If they are talking about a September reopening for our industry, you tell me whether BHP, Telstra or the Commonwealth Bank could survive zero revenue for six months with essentially 12 hours' notice,” Australian Venue Company chief executive Paul Waterson told The Sydney Morning Herald.
“I mean, in any industry, it's catastrophic.”
Waterson welcomed the government's JobKeeper package saying it was important “to get people back to work as soon as it is safe to do so.".
"We just want clarity, visibility and time to plan," he said.
Sheridan Randall, 30th April 2020
