This afternoon (Wednesday), Finance Minister, John O'Dowd said that he would stop the process, following mounting concern from hotels, pubs and other hospitality businesses. John O'Dowd (Image: PA)Speaking today about the decision, Minister O’Dowd said: “I want our local businesses to thrive; they are the backbone of our communities. “I have listened carefully and I am very aware of the concerns raised by businesses - particularly hotels, pubs and other hospitality businesses. Michael Cadden, an Enniskillen hotelier and chairman of Hospitality Ulster, described this decision as "a sensible one". "Credit must go to the entire board of Hospitality Ulster for applying sustained pressure to highlight the unrealistic revaluation rates.