Cost of living: Hospitality

We all know a coffee shop, a restaurant, a greasy spoon, a pub or a fine dining eatery that has closed in the last few months. But why, after two years of forced closures because of the coronavirus pandemic, are hospitality businesses closing now? Leanna Byrne speaks to hospitality business owners from three different countries to find out how they’re covering their overheads. Alessandro Borghese is a chef who owns restaurants in Milan and in Venice. He says he’s paying more for everything from food to oils and staff. And Mandla Mataure is the managing director for the Chimanimani Hotel in Manicaland in eastern Zimbabwe.Zimbabwe ended 2023 reporting a 244% inflation rate. How does Mandla deal with constant price rises when staff are looking for more money?Oliver Mansaray owns the restaurant, Kink, in Berlin. Oliver opened his first ever hospitality business right before the pandemic struck. Like Mandla, he’s taken on the cost of living challenge by cutting costs elsewhere and trying to be more efficient. Presenter/producer: Leanna Byrne )Image: Oliver Mansaray in Kink, Berlin/ Credit: Oliver Mansaray)