Restaurants and hotels see dropping sales

Restaurants and hotels saw a 17.5 percent year-on-year drop in their revenues in the first quarter of 2003, according to Statistics Office figures.

"If people have to pay more for living expenses or transport, they save on those outgoings that are luxuries, like sitting in restaurants, for example. The higher VAT and energy costs have increased the prices in individual hotels and restaurants," explained Pavol Kašuba, from the Slovak Hotel and Restaurant Association.

Despite lower revenues across the rest of the country, revenues in the Trnava region grew by 50 percent.

Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

Better times ahead for the Calvary in Bratislava

The last preserved station was restored this summer.

The last preserved station of the Stations of the Cross in Bratislava

Why you need to buy a belt

On this Black Friday, with society teetering on the brink of chaos, I ask that we all do our part.

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.

Fico admits to ties with Bödör

Former prime minister stands by his praise for the state secretary who confessed to corruption and court interference.

Robert Fico during his November 26 press conference.