Isle of Man gift card launched to boost hospitality sector resilience

  • Published
Related topics
LoveIOM gift cardImage source, Isle of Man Government
Image caption,

The government has earmarked £0.5m for incentives offered through the card scheme

An Isle of Man gift card aimed at boosting winter spend will help the hospitality sector be more "resilient", the enterprise minister has said.

The scheme offers shoppers discounts, credit and deals at local bars, restaurants and hotels.

Alex Allinson said it was needed as the trade had taken a "battering" in recent months due to the impact of Covid-19.

Spend on alcohol has now also been included in the scheme following criticism from pub landlords.

'Stimulate trade'

The LoveIOM cards have been launched in December to encourage people to give them as Christmas gifts, however they will not b eligible for use until 4 January.

Dr Allinson said the timing was deliberate to help "stimulate weekday trading" during a "quiet and challenging time of the year" for the hospitality sector, which "needs to recover" ahead of the 2022 TT period.

It comes after a report into the island's domestic economy by PwC found the trade needed help to encourage footfall outside of busier weekends, with a reduced number of visitors expected.

Tiffany Kerruish of the Fynoderee Distillery, which has a shop and a bar in Ramsey, said the scheme "could not have come at a better time", and would create "a chance for our locals to demonstrate their loyalty to home-grown food and drink".

Image caption,

The card scheme has been designed to help businesses during the post-Christmas period

The cards, which have been made available in both physical and digital forms, can be used to spend on food, alcohol or accommodation, but gambling, betting and tobacco are all excluded.

The Department of Enterprise has put £500,000 behind scheme with the intention of introducing incentives including a 25% cash back scheme for mid-week dining.

Extra credit of 25% of the face value of the cards has been loaded onto a limited number to mark the start of the scheme.

Why not follow BBC Isle of Man on Facebook, external and Twitter, external? You can also send story ideas to IsleofMan@bbc.co.uk, external

Related internet links

The BBC is not responsible for the content of external sites.