In a letter to members, chair Steven Freudmann said ITT felt last week’s Budget “did not go far enough" to support the sector and urged for the immediate suspension of business rates and short-term subsidies of staff wages.
ITT is also calling for a mortgage payment freeze for travel industry staff and banks to be sympathetic to businesses in need of financial help.
“Moreover, we are aware that our sector is facing a huge cash-flow challenge, but we need short-term help to ensure that our businesses are still here when this crisis is over,” he said.
