Hotel articles

Hotel Occupancy and Rates Rise

Average room rates rose by €2.77 to €77.49 in Ireland in 2013, to 79 per cent of 2007 peak prices, according to aa survey conducted by accountants Crowe Horwath.


The survey shows that  the average occupancy rate in Irish hotel rooms was 65.9 per cent in 2013, up 2.1 per cent on the previous year, but it warned of a “two-speed recovery” as Dublin pulled ahead.
Average occupancy in Dublin was 76.3 per cent in 2013, just 0.5 per cent below what it was at the top of the boom.
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Doonbeg Sold for €8.7m

Donald Trump paid €8.7m for the Doonbeg golf resort in Co Clare, filings with the Companies Office have revealed.


A report in to-day's 'Irish Independent' says that a  report filed by the receivers - David Hughes and Luke Charleton of accounting firm Ernst & Young - shows that the proceeds from the sale of the exclusive golf destination amounted to slightly more than €8.7m.
It had been speculated that Mr Trump had paid around €15m for the property, which had been developed at an initial cost of €28m when it opened in 2002.
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Great National Buys Breaffy

Breaffy House resort in Co Mayo, which had been on the market guiding in the region of €3 million, has been bought out of receivership by Great National Asset Management.


The resort, comprising two separate hotel properties and 12 apartments originally part of the Lynch Hotels group, will operate under the banner of Great National Hotels and Resorts.
Its new owner says the 230-bedroom hotel and sports complex will undergo an extensive investment and refurbishment programme commencing immediately.
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Fitzpatrick Grows US Profit

The two New York hotels owned by  John Fitzpatrick increased their operating profit by 31 per cent last year to just more than $5 million (€3.75 million), driven by increased business from international leisure markets and a record average room occupancy rate of 89 per cent.
Accounts just filed for Fitzpatrick Hotels Ltd for the year to the end of September 2013, which have been provided to The Irish Times, show its turnover rose 6.2 per cent to $25.3 million.
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Shelbourne Instals BYOD

The Shelbourne hotel in Dublin is installing Acentic in-room technology, Panorama NG into all 265 guest rooms.
 Acentic Panorama turns hotel TVs into interactive media hubs supporting the BYOD (Bring Your Own Device) and BYOC (Bring Your Own Content) revolution as more guests carry and connect multiple devices.  Using Acentic’s Push & Play application, guests can now view and stream movies, favourite music or video content from their own devices to their in-room TV.
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