Over €20 million in tourism revenue will be lost in Athlone and Mullingar.
The Tourism Minister says she's flagged the concerning situation the sector is facing with her cabinet colleagues.
Catherine Martin indicated supports - similar to what was provided during the pandemic - may be provided.
It comes as a leaked Government memo estimates around €1 billion will be lost this year alone, as hotels accommodate 86,000 refugees and asylum seekers.
Over €20 million will be lost in Athlone and Mullingar, as well as nearly 600 jobs.
Minister Martin says a number of options are being considered:
Read More: Taoiseach Defending Hotel Use For Refugee Accommodation
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