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Dave Hedgehog

Premier Inn

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13 hours ago, Albert Tatlock said:

The profits dont just work out at guests * no rooms* 365. Add restaurants, tax breaks, weddings, funerals, guests and all kinds of events youve not yet even  imagined. A business that never sleeps.

Are there function facilities in the new Premier Inn?

I had the impression it was a simple bed factory with a basic bar & restaurant facilities

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13 hours ago, Neil Down said:

Our clown in shining armour states that 35 jobs were created. Is there a breakdown on this?  For example how many work permits were dished out?

They'll be the builders who put it up :lol:

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On 6/28/2019 at 6:41 PM, 2112 said:

Game has just been bought out by Sports Direct. I wouldn’t be surprised if they moved into the empty unit at the Strand Centre, which currently houses Sports Direct and businesses associated with Sports Direct. 

Looks like Sports Direct are going to more or less own the high street

Can't be good - government will have to break them up somehow

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4 hours ago, kevster said:

Are they a 'retail' business though?

https://www.gov.im/media/365703/pn18113.pdf

No and even if they were, they're unlikely to make enough profit to cover the tax allowance they'll get for the build costs - at least in the early years.

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15 hours ago, Max Power said:

 

And 10% tax on profits over £500k.

I'm sure franchise & management fees will be large enough to wipe out any potential for declared profit

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1 minute ago, Donald Trumps said:

Looks like Sports Direct are going to more or less own the high street

Can't be good - government will have to break them up somehow

When was the last time that IoMG had either the legislation or the will to address monopolies or cartels of any sort on this Island?

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14 hours ago, Kopek said:

Roger, you cynic! Surely our Govt will have ensured that they 'Buy Local'?

The may find it more expedient to buy any required fresh produce locally

  • Haha 1

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4 minutes ago, Non-Believer said:

When was the last time that IoMG had either the legislation or the will to address monopolies or cartels of any sort on this Island?

Sorry Non-Believer, I meant UK monopolies authorities

Obviously IOMG has little actual incentive to address monopoly positions on the IOM

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17 hours ago, Neil Down said:

Our clown in shining armour states that 35 jobs were created. Is there a breakdown on this?  For example how many work permits were dished out?

Most jobs in that sector are WP permit exempt now as hospitality is a ‘key’ sector so they can bring people over and not even need a permit. In fact they probably got a load of relocation grants paid for people like chefs and hotel managers to relocate here - and those who have come over will probably get an NI holiday for a year as well paid by us. Now there’s the basis for a good FOI request or a question to the People’s Prince. 

Edited by thesultanofsheight
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15 minutes ago, thesultanofsheight said:

Most jobs in that sector are WP permit exempt now as hospitality is a ‘key’ sector so they can bring people over and not even need a permit. In fact they probably got a load of relocation grants paid for people like chefs and hotel managers to relocate here - and those who have come over will probably get an NI holiday for a year as well paid by us. Now there’s the basis for a good FOI request or a question to the People’s Prince. 

Cant see anyone but Premier Inn benefitting from much of this. 

we all know a certain MHK reads these forums avidly, maybe he would like to shed some light on this. Paging Mr Callister... :ph34r:

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40 minutes ago, Neil Down said:

we all know a certain MHK reads these forums avidly, maybe he would like to shed some light on this. Paging Mr Callister... :ph34r:

Well I just read the websites which give the actual picture so I think it would be hard to argue that it’s likely that some assistance may have been given or received. 

Seasonal hospitality work permit exemptions 

Employers within the Hospitality sector can make a request to the Department for specific roles to be exempted, on the basis that no suitable Isle of Man Workers are available to fill the roles

https://www.gov.im/categories/working-in-the-isle-of-man/work-permits/temporary-exemptions/

NI holiday 

https://www.locate.im/relocating/relocating/relocation-incentive

Relocation Grant tourism and hospitality 

https://www.visitisleofman.com/trade/business-hub/employee-relocation-incentive

Edited by thesultanofsheight

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I'd suggest that it's mainly a publicity coup in having the Premier brand name over here.

"We"  "probably" won't make much out of it, financially, given the various exemptions and rebates available but it's not about that, it's about kudos.

The flipside of course is how much trade it will take away from the existing taxpaying local hotel businesses but given that Mr Skelly was crowing on the online news a couple of days ago about a 26% increase in available bed spaces (DfE numbers so draw your own conclusions on that), I don't suppose they've put much thought into that. It's all about publicity.

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55 minutes ago, thesultanofsheight said:

Well I just read the websites which give the actual picture so I think it would be hard to argue that it’s likely that some assistance may have been given or received. 

Seasonal hospitality work permit exemptions 

Employers within the Hospitality sector can make a request to the Department for specific roles to be exempted, on the basis that no suitable Isle of Man Workers are available to fill the roles

https://www.gov.im/categories/working-in-the-isle-of-man/work-permits/temporary-exemptions/

NI holiday 

https://www.locate.im/relocating/relocating/relocation-incentive

Relocation Grant tourism and hospitality 

https://www.visitisleofman.com/trade/business-hub/employee-relocation-incentive

It makes you wonder just how hard they do try to get local workers. I recall a long time ago that when firms wanted their own men bringing in from the mainland, all local workers were offered less money for the same job. Disgusting that they were allowed to get away with it. Worst culprits were HS who constructed the Sulby reservoir

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46 minutes ago, thesultanofsheight said:

Well I just read the websites which give the actual picture so I think it would be hard to argue that it’s likely that some assistance may have been given or received. 

Seasonal hospitality work permit exemptions 

Employers within the Hospitality sector can make a request to the Department for specific roles to be exempted, on the basis that no suitable Isle of Man Workers are available to fill the roles

https://www.gov.im/categories/working-in-the-isle-of-man/work-permits/temporary-exemptions/

NI holiday 

https://www.locate.im/relocating/relocating/relocation-incentive

Relocation Grant tourism and hospitality 

https://www.visitisleofman.com/trade/business-hub/employee-relocation-incentive

If you look at the roles for which those (quite generous) grants are available (Head Chef, Sous Chef, Head Housekeeper, Food and Beverage Manager, Revenue Manager, General Hotel Manager) most of them are the sort of positions that a chain will automatically import someone to fill in a start-up position.  The whole point of Premier Inn and similar chains is that they deliver a reliable and similar experience wherever you stay, so they often have special staff to come in to set things up to run in the approved manner and train up other staff.  I don't know if the bedding-in period would be as long as a year, but if it is the IOMG would just be giving them money for someone who would then immediately leave the Island anyway.

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3 minutes ago, Roger Mexico said:

If you look at the roles for which those (quite generous) grants are available (Head Chef, Sous Chef, Head Housekeeper, Food and Beverage Manager, Revenue Manager, General Hotel Manager) most of them are the sort of positions that a chain will automatically import someone to fill in a start-up position. 

A cynic might also observe that the scheme was extended to specifically include all those sort of roles just as the PI was being built too. I’m sure an FOI would be deemed ‘commercially sensitive’. 

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