MEDIA RELEASE: Governments’ COVID-19 Business Continuity Package a significant first step towards helping the Hospitality sector.
17 Mar 2020
17 March 2020
“The COVID-19 business continuity packages announced today by Minister of Finance, Grant Robertson, amount to a fraction of what is required by the Hospitality and Tourism sectors, who have been most significantly affected by COVID-19”, said Hospitality New Zealand Chief Executive, Julie White.
“The key issue for Hospitality and Tourism businesses is cash flow and these business continuity packages, while a significant first step, do not sufficiently address the industry’s concerns - we will be seeking further support from government”.
Hospitality NZ supports and fully complies with the new COVID-19 safety measures, acknowledging that the safety of our people and community is the number one priority. We appreciate that these are unprecedented times and the Government is continually adapting and responding to the COVID-19 situation. However, we need the government to step up its support to the Hospitality and Tourism sectors, who collectively bring $40 billion per year into the NZ economy and employ over 400,000 workers nationwide - as these businesses are experiencing detrimental financial impact.
“Hospitality NZ urge the government to prioritise the next round of support packages to be extended to the Hospitality sector to cushion the COVID-19 impact, support should include larger scale enterprises who are also experiencing financial pressures.
We are currently aware that thousands of hospitality and accommodation workers are being laid off as we speak and considerable further job losses are expected, including many from supporting industries such as laundry services, baking, food distributors, tour companies, travel and transport.” White said
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About Hospitality New Zealand
Hospitality New Zealand is Aotearoa’s leading nationwide hospitality industry association covering commercial accommodation and food and beverage businesses. It is a not for profit organisation, which currently supports over 3,000 members across the country. The association was first formed in 1902 as the United Licensed Victuallers Association, and has consequently been helping New Zealand’s small businesses and communities for over a century.