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.
Clip 1
Joanna Simpson's mother 'instrumental' in introduction of UK's new restriction zones
Diana Parkes CBE reacts to changes announced by the Ministry of Justice
People encouraged to have their say on draft Code of Practice ahead of consultation deadline
DHSC has prepared practical implementation of Capacity Act 2023
'Please look at apprenticeship framework' is business' plea to next government
BuildASkill describes apprenticeships as the 'lifeblood of the Isle of Man workforce'
Andreas Commissioners wants to see new speed buffer zones across parish
Chair Jackie Faragher says some roads are treated like 'racetracks'