Hotel articles

'Micro' hotel for Dublin

 Andrew’s Lane Theatre is to be re-developed as a micro-hotel with compact guestrooms and basic services.
The investors behind the new city centre hotel are looking to build a seven-storey development that will include 115 pod-like rooms of between 10sq m and 12sq m .
 It will ber similar to capsule hotels in Japan and USA
 
 

Hotels plan hi-tech spend

Largely in an effort to keep up with customer expectations, hotels are planning to add—and make better use of—a wide range of technologies. According to Hospitality Technology’s annual Lodging Technology Study, 54% of UK hotels plan to invest in more technology in 2016 than they did in prior years. This level of investment is projected to represent an average hotel technology budget that exceed 6% of revenue.
 
Supporting this investment in technology is the recent growth in the hotel sector. The study reported that occupancy for 2015 reached levels not seen since 1981. Likewise, the sector has a strong economic outlook for 2016.
 
Here are a few findings from the Lodging Technology Study.
 
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Dalata Ponders Airport Expansion

The Dalata Group has secured planning permission for a €36m plan to transform its Clayton Hotel Dublin Airport into one of the largest in the country.
 Last month, Fingal County Council gave the group permission  to add a 367-bedroom extension at the hotel, that was formerly Bewley’s Airport Hotel.
 Yesterday, Dalata Group CEO, Pat McCann was non-committal about the project, pointing out that the plans were lodged by the previous owners.
 He said: “We have received the permission and will be assessing its potential as to what extent we may proceed with the plan.”
 Mr McCann said that the process would take a couple of months.
 Three locals in two separate appeals have appealed the decision to grant to An Bord Pleanála.
 
 
 

Profits Rise at Conrad

 Pre-tax profits at the firm that owns the exclusive five-star Conrad Hotel in Dublin last year increased by 11% to €1.025m.
 According to accounts just filed for the 191-bed hotel, the business enjoyed the rise in pre-tax profits after revenues increased by 7%, going from €12.16m to €12.95m.
 
 

 Shareholders last year agreed to inject €2.6m into the business to fund a capital expenditure programme.
The filings by Earlsfort Centre Hotel Proprietors Ltd show that the hotel was revalued and has a book value of €20.7m resulting in a surplus on revaluation of €4.85m.
READ NEXT Sensible investment policies a good alternative to climate change hysteria
 
The new accounts also reveal that during the year, bank loanswith Nama were refinanced with AIB and all charges held by Nama were satisfied.
 
 
 
 

New Wing at K Club

Over €20 million has been spent renovating and extending the  K Club in Straffan, Co. Kildare.  The work started in earnest when Dr. 

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Michael Smurfit purchased the property outright in 2012.  Since then, renovations include building two all weather, tennis courts, resurfacing the entrance avenue, opening a new Thai Restaurant and commissioning new, handmade Connemara Carpets for the lobby and public areas.  In March of this year, construction work, undertaken by Bernard McNamara began and work on the new wing has now been completed, well ahead of schedule.
 
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