Irish hotel industry's impressive renaissance complicated by ‘distorted’ market

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

Agenda: Hospitality sector figures skewed by pent-up demand, inflation and refugees via IrishTimesBiz

Logue suggested that occupancy was still down on 2019 levels but rates were well ahead. With the two factors combined, he said the hotel’s performance was now even “slightly ahead” of 2019. He told Itic it was the same right across its sister hotels in the MHL Hotel Collection, which also includes top hotels such as the Westin in Dublin and Glenlo Abbey in Galway.

“It could be something as insignificant as a child’s second birthday party. But because they never had a birthday party before, there might be 50 or 60 people at it,” she says. Woodlands would normally do 130 weddings annually but this year it expects to do 180. Sweeney’s Summerhill in Wicklow, meanwhile, did 15 weddings in April, well ahead of its normal run rate.

Away from the more traditional tourist areas, there is also optimism. Matt O’Connor, the managing director of the four-star Mullingar Park hotel on the edge of the Westmeath town, says it is performing “better than anticipated” as the recovery has accelerated in recent weeks.The hotel normally focuses on corporate business during the week and leisure sector at weekends – the 95-bed hotel has a full leisure centre. Local family celebrations are boosting the leisure side of the operation.

“There are plenty of green shoots but there is still a long way to bring the sector back to where it was,” he says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

IrishTimes MarkPaulTimes do you have friends in the industry Mark? Do you not think they’ve received enough billions in government supports at this point or when is the time that you think they should stand on their own two feet and not be relying of more taxpayer supports?

IrishTimes Question. We will be in Dublin in 2 weeks. We are confused about what attire to pack. Will it be cold? Warm? Sunny? We hail from Nevada where it’s currently in the 90s. Thanks! ☘️

IrishTimes Hospital sector skewed by FFG austerity policies. ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Business - Ad Man Stuart Fogarty on disrupting the Irish marketWith his new company Admatic, chief executive Stuart Fogarty is seeking to disrupt the traditional advertising market in Ireland. It allows clients to buy advertising directly online with the big media companies, cutting out the middleman. Fogarty explains the concept to Ciarán and the traction it has gained in its first five months. He also sounds a warning on the Irish economy, based on the spending levels he’s seeing coming through at Admatic, and they look back at Fogarty’s own storied career in advertising, which involved running two of the biggest ad businesses in Ireland and a brush with the law more than a decade ago.
Source: IrishTimesBiz - 🏆 6. / 77 Read more »