Nearly 3 in 10 Romania Hospitality Entrepreneurs Face Business Closure Risk Within Year

today, 11:38 By Cristina Bellu

Almost three in ten entrepreneurs in the hospitality industry participating in a survey conducted by the Federation of Romania Hospitality Industry Employers (FPIOR) say there is the risk they may be forced to shut down their business in the next 12 months, while almost 79% intend to curb, freeze or renounce investments amid falling client numbers and tax pressure.

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Keywords:
hospitality
, entrepreneurs
, business shutdown