“cafés-hotels-restaurants were massively helped during the crisis”. LUDOVIC MARIN/AFP
The Union of Trades and Hospitality Industries is calling for adjustments to the repayment of state-guaranteed loans to avoid business bankruptcies.
By the very admission of many tourism professionals, the exceptional performances of the summer make it possible to turn the darkest page in their history, that of the Covid, which had put them on the ground. However, in the middle of the holidays, the Union of Trades and Hospitality Industries (Umih), the main professional organization for cafes, hotels and restaurants, threw a chill. According to a survey of its members in June, the union says that 25% of the companies questioned have difficulty repaying their loan guaranteed by the State (PGE). The Umih therefore calls for adjustments to avoid bankruptcies.
Already in February, professionals had expressed their concerns. However, the first repayment installments took place between April and June without causing any damage. Since then, the sector has returned to pre-Covid levels of activity, and many companies are posting record performances.
“Spread out repayments”
This call for help therefore goes badly with…
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