Rising business costs and cash-strapped consumers have forced a number of Kiwi hospitality businesses to close their doors.

Auckland's SPQR recently closed its doors for good, following liquidators being appointed to the establishment.

Restaurant Association CEO Marisa Bidois says the last three years have been particularly challenging for the hospitality industry. 

"To be frank, we're still in a recovery position. You saw the impacts that Covid had on hospitality, and then shortly after that, many businesses faced weather events - and then we've battled with the cost of living crisis."

LISTEN ABOVE

Rising business costs and cash-strapped consumers have forced a number of Kiwi hospitality businesses to close their doors.
Auckland's SPQR recently closed its doors for good, following liquidators being appointed to the establishment.
Restaurant Association CEO Marisa Bidois says the last three years have been particularly challenging for the hospitality industry. 
"To be frank, we're still in a recovery position. You saw the impacts that Covid had on hospitality, and then shortly after that, many businesses faced weather events - and then we've battled with the cost of living crisis."
LISTEN ABOVE

News, opinion, analysis, lifestyle and entertainment – we’ve got your Sunday morning listening covered with The Sunday Session with Francesca Rudkin on Newstalk ZB.

Advertisement