The closure of Irish pubs due to COVID-19 has come as the Irish pub market was starting to experience a revival, according to those who took part in the Society of Chartered Surveyors Ireland (SCSI) "Commerical Property Review & Outlook 2020" survey.
Participants' Forecast
Before the coronavirus crisis, those who took part in the survey forecast that prices of rural pubs and pubs in rural villages could increase by 5% this year.
The Irish Independent quotes head of practice and policy at SCSI Edward McAuley as saying, "Those agents who expressed a view believed that the largest increases might be seen among good quality pubs in areas with a high tourist footfall."
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