Rising energy costs: how are hospitality professionals coping? [Part 1]

Beyond operational management, energy costs also impact product development and sustainability. What has long been a constraint with the spectre of the RT 2020 and other European directives is now becoming a necessity to move away from energy dependency and fossil fuels.

The subject of energy supply is fraught with geographical, geopolitical, ethical, financial, ecological, and societal ramifications. Hospitality ON will guide you through these ramifications and help you take effective action to reduce energy bills or even your dependence on fuels.

Tourism professionals share an alarming observation

We polled the professionals of the sector, both online and via social media. 100% of whom noted an increase in their energy bill. For 20% of them, this increase is above 25%, 20% above 50% and the remaining 60% declared bill increases of more than 60%.

The UMIH also carried out a survey among its members and 51% of respondents (hoteliers, restaurateurs, discotheques, bars, brasseries, caterers, bowling alleys, thalassotherapy establishments) noted an increase in their bill of over 100%.

48% also said that they had not passed on the increased costs to their customers.

Another finding is that 53% of VSEs and 56% of SMEs have an electric power greater than 36KwH, the maximum threshold for benefiting from the capped tariff. This lack of consideration for the profiles of tourism companies is reinforced by the government's announcement on 18^th January. Indeed, very small businesses that are part of holding companies will not be able to benefit from this capped tariff.

A survey conducted by the Office for National Statistics in November 2021 found that for 48.6% of UK accommodation providers rising energy prices were their main concern for their business. Among the catering industry professionals surveyed, this figure rose to 58.4%.

To date, the picture cannot be drawn objectively due to...