Economy

Portugal's restaurant sector in dire straits

According to the monthly survey by the Portuguese Association of Hotels, Restaurants and Similar Establishments (AHRESP), almost 40% of catering businesses and 18% of tourist accommodation are planning to close their doors.

Portugal's restaurant industry in dire straits

The pandemic will have a negative impact on the hotel and catering sector, 38% of these companies are considering insolvency, given that the vast majority of them say they will no longer be able to support their usual expenses.

The fall in sales in June was spectacular, with more than 24% of them recording losses in excess of 40% and 22% of them with annual losses in excess of 60% and 12% with a drop in excess of 90%.

According toAHRESP 87% of companies are using the Lay-off, 93% of them extended it in May, 76% in June and around 69% intend to extend it until July. 54% of companies declare that without this aid, they would have been unable to pay wages.

The survey also reveals that over 17% of companies have been unable to make wage payments, and 15% have only partially paid their employees.

AHRESP also reports that over 22% of companies believe they will not be able to retain all jobs by the end of the year, and 70% of companies still don't know if they will be able to maintain their activities.

Tourist accommodations are no better off

Concernant les entreprises d’hébergement touristique, jusqu’à fin juin, 24% des entreprises sont restées fermées, plus de 47% d’entre elles n’ont enregistré aucune réservation et 41% ont indiqué une occupation allant jusqu’à 25% maximum. l’

La période d’été ayant commencé (juillet – septembre), celle-ci fait déjà ressortir des résultats très inquiétants, car 46% des entreprises ne s’attendent pas à un taux d’occupation supérieur à 25%. Compte tenu de ce scénario, 18% des entreprises envisagent de procéder à une mise en liquidation judiciaire, si elles ne sont pas en mesure de supporter les charges à venir, et 45% ne savent pas si elles doivent se diriger vers une insolvabilité ou non.

À l’heure actuelle, 42% des entreprises ont eu recours au lay-off, 76% l’ont prolongé jusqu’en mai , 70% en juin et environ 60% ont l’intention de le prolonger jusqu’en juillet .

L’ enquête de l’AHRESP auprès des entreprises a eu lieu entre le 29 juin et le 1er juillet et comprenait 1 418 réponses.

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