Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Restaurants, hotels see drop in sales

RESTAURANTS and hotels saw a 17.5 percent year-on-year drop in their revenues in the first quarter of 2003, the Statistics Office reported.

"If people have to pay more for living expenses and 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.

Top stories

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.

Focus Poll: Government loses support

Extremist party led by Marian Kotleba would have come third

The ruling coalition (L-R: SNS-Andrej Danko, Smer-Robert Fico. Most-Híd-Béla Bugár) would have problems forming a cabinet.

Bratislava bus station is moving into Bottova Centrum Photo

If the temporary station gets all the construction approvals, it may start operation on October 1.

The future temporary bus station on Bottova Street in Bratislava