The loss of over 90 bedrooms at the Mount Murray Hotel in Thursday's blaze is a big problem for accomodation on the Island.
That's the belief of Chief Minister Allan Bell.
Mr Bell says as it seems a re-build could take over a year, it's going to leave a big hole in the sector in the interim.
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'Possibly the most prolific drug dealer the island has seen' sentenced
'He was a career drug dealer who believed that he would not be caught'
Ramsey MHK resigns from departmental posts
Leader of the Liberal Vannin party is encouraging people to join a political party
Analysis: Could the next Budget leave you with more take-home pay?
Treasury modelling and recent remarks in Tynwald offer clues about a potential rise in the personal tax allowance
Jail for mother who violently shook her infant son
Boy 'has sustained life changing injuries and will always require specialist medical care'
Friday sailings in doubt
Due to the forecast adverse weather