House price growth, manufacturing output falls and another bout of turbulence in the air travel sector

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Temple Bar in Dublin. The last few weeks of the unbridled chaos that has ripped through all elements of the travel and tourism industries comes on top of more than two years of dire strategic thinking about the sector during the pandemic. These things are interlinked. One has led in large part to the other, argues Mark Paul.

Ires Reit, the largest private landlord in Ireland, is closing in on the purchase for about €200 million ofbeing developed in the Liberties in Dublin. Due for completion in the first quarter of 2023, the development by Bain Capital-backed Carrey Issuer will comprise of 413 apartments.

The number of corporate insolvencies, which plunged during the pandemic as the State propped up businesses, has, amid warnings that the number of companies going bust will rise further as inflation kicks in, writes Mark Paul. By weaponising gas supplies to damage the UK’s neighbours, Boris Johnson would be mimicking Vladimir Putin, arguesThe bottom line is that airlines and airports are grappling with two things: a surge in the number of people flying, many for the first time since 2019; and difficulties across the board — among carriers, airports, ground handling companies, caterers and so on — with hiring enough people to cope with that.

Source: News Formal (newsformal.com)

 

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