Hotels

Pubs and hotels disappointed at Phase 4 delays

Hoteliers have said the Government's decision to delay increasing the size of gatherings until 10 August will put further pressure on the sector, at a time when hotels and wedding venues are struggling to survive.

IHG posts 76% drop in May room revenue

Hotel occupancy rates to fall from 73% to 32% in 2020

A survey of hoteliers has found that average national occupancy levels are set to dramatically fall from the highs of over 70% last year to just over 30% this year.

Dalata seeing no impact from virus on its business

Shares in Dalata Hotel Group rose after it reported higher revenues and pre-tax profits for 2019, adding that it was seeing no material impact from the evolving coronavirus outbreak on its business so far.

Hotel sector reports mixed performance for 2019

The hotel and guesthouse sector here experienced a mixed performance for 2019, against the backdrop of a significant fall in overseas visitor growth.

Firms excluded from epidemic insurance face heavy costs

Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, as epidemics are usually excluded from insurance cover.

Challenges and opportunities for real estate in 2020

The Irish commercial real estate sector enjoyed a strong performance in 2019 and CBRE said it is confident of continued momentum in 2020.

McCann says Dalata won't build 1,000 room Dublin hotel

The chief executive of Dalata Hotel Group has told shareholders that he hopes that the company will announce a number of new opportunities before the end of the year.

Dublin Crane Survey shows strong development sentiment

Construction activity in the Dublin City Council area continued to increase across the residential, office and hotel sectors during 2018 as development sentiment remains strong, a new survey shows today.

Higher rents and energy costs drive inflation higher

Higher costs for rents, mortgage interest repayments, and energy led to the inflation rate rising by 0.7% in the year to December, latest figures from the Central Statistics Office show.

34 Irish hotel sales completed this year

New figures from property consultants CBRE Ireland show that a total of 34 hotel deals - worth more than €730m - were competed during 2018.

Fáilte Ireland highlights need for more hotel rooms

With the number of tourists visiting Irish shores estimated to rise by about a fifth over the next five years, Fáilte Ireland has undertaken a study of hotel room capacity in some of the country's major cities outside Dublin.

Dalata Hotel Group in deal for two new hotels in the UK

Dalata Hotel Group has agreed deals to lease two new hotels to be built in the UK - in Bristol and Birmingham.

Dalata Hotel Group's pre-tax profits soar 75%

Dalata Hotel Group has reported a 75% increase in pre-tax profits for the year to the end of December as it said it intends to start the payment of dividends from this year.

Dalata Hotel's half yearly profits soar by 80%

Dalata Hotel Group has reported an 80% jump in its profits for the six months to the end of June, while revenues rose by 24.4%.