A swift decrease in energy prices is urgently needed!

The hospitality sector depends heavily on energy. Light and gas in the accommodation establishments, restaurants and cafés is a must, while air conditioning for heating and cooling is often necessary depending on the season.

The sector is still recovering from the COVID crisis, as loans and tax referrals need to be paid. At the same time, companies study their business models to consider if they can remain open, given the usual low-profit margins (90% of the companies are micro-enterprises).

For these reasons, we welcome the efforts done by the EU institutions in introducing measures that will help curb energy prices. Concretely, we welcome the European Council’s decision asking the European Commission to propose more measures:

  • a temporary EU framework to cap the price of gas in electricity generation,
  • a new complementary price benchmark by early 2023 that more accurately reflects conditions on the gas market,
  • temporary dynamic price corridor on natural gas transactions to immediately limit episodes of excessive gas prices,
  • improvements to the functioning of energy markets to increase market transparency,
  • a mobilisation of relevant tools at national and EU levels to enhance the resilience of our economies and preserve Europe’s global competitiveness.

We welcome the acknowledgement by the EU institutions that investments in energy efficiency need to be stepped up, as well as in infrastructures and innovative renewable technologies. The sector needs incentives, subsidies, and tax relief to become more sustainably friendly and be able to avoid market dysfunctional prices.

 

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Meeting DG HOME + DG GROW: Ukrainian refugees
01/03/2023    
14:00 - 15:00
On 1 March 2023, HOTREC held a meeting with DG Home and DG GROW on the Ukrainian refugees topic.  Participants to the meeting European Commission [...]
Pact for Skills - coordination meeting
02/03/2023    
15:00 - 16:30
Main outcome of the meeting available
09 Mar
09/03/2023    
10:00 - 12:00
Presentation and draft minutes are now available.
European Platform Undeclared Work - Ukraine refugees sub-group
09/03/2023    
10:00
Participants:  Participants of ELA (European Labour Authority), labour inspectors from Member States, European Federation of Employers; HOTREC (Marta Machado) Agenda Subgroup on displaced persons and [...]
10 Mar
10/03/2023    
11:00 - 12:00
ExCom Video Conference Link ExCom draft agenda - 10 March 2023 Draft Minutes of ExCom meeting of 25 January 2023 Antitrust Statement HOTREC Statutes HOTRE [...]
14 Mar
14/03/2023    
10:00 - 12:00
We are delighted to invite you to the Social Affairs Working Group meeting, taking place on 14 March 2023, online. Please register by using this [...]
Sectoral Social Dialogue meeting
20/03/2023    
10:00 - 13:00
We are delighted to invite you to the next Sectoral Social Dialogue (SSD) meeting, which will be hybrid, taking place on 20 March 2023 (from [...]
23 Mar
23/03/2023    
10:00 - 12:00
SAVE THE DATE: 23 March Exact timing and agenda TBC
Online Series: 90 Minutes to Close The Loop
30/03/2023    
14:00 - 15:30
Online Series: 90 Minutes to Close The Loop Episode 9 – broadcast live on the 30th of March 2023 at 14:00 to 15:30 Roadmap for [...]
Events on 01/03/2023
Events on 02/03/2023
Events on 10/03/2023
Events on 14/03/2023
14 Mar
Events on 20/03/2023
Events on 30/03/2023