Hotels

'Meyrick' becomes 'Hardiman' in Galway

A heritage hotel on Eyre Square Galway is to have its third name in 20 years. meyrick1219

The Great Southern Hotel, later called The Meyrick is to be re-branded as The Hardiman by Choice Hotels.

The hotel originally opened at the terminus of the Midland and Great Western Railway Company in 1852.

It is now named after the Galway-based historian and scholar James Hardiman (1782-1855) who was renowned for his deep love of Irish history and cultural traditions.

The Collective plans Fumbally hotel

Developer of large-scale co-living developments The Collective has included a 144-bedroom hotel in the plans for its first project in Dublin.

The Collective purchased a site in Dublin's Liberties area from property group Oakmount for €10.5 million earlier this year and has now lodged plans for a 144-bedroom hotel that would include 69 single-occupancy co-living units on its upper floors, according to The Sunday Times.

If approved, the proposed development would be called The Collective Fumbally and would be eight storeys in height. The Collective hopes to begin work on the development in the autumn of 2020 and expects that it will take 20 months to complete.

Lyrath profit surge

Pre-tax profits at the four-star Lyrath Hotel in Co Kil-kenny last year increased by 67pc to €834,979.

This followed revenues last year at Lyrath Demesne Ltd increasing by 8.5pc to €12.7m from €11.7m.

The pre-tax profits of €834,979 follow profits of €500,223 in 2017.

The 139-bedroom luxury hotel set on 170 acres enjoyed the growth in revenues and profits under the ownership of businessman Xavier McAuliffe, who has made a comeback to the group.

Big deals dominate hotel sales

Hotel transactions were primarily driven by “big ticket” Dublin hotel sales this year as investors, focused on high-quality Dublin hotels, which accounted for two thirds of total marker0919

transaction activity in 2019.

Major Dublin deals included the €134 million sale of The Marker (which will be rebranded as Ananatara), the €116m sale of the Conrad Dublin, the €50 million sale of Portmarnock Hotel & Golf Links and the €40 million sale of The Central Hotel.

Three of these four transactions involved new capital entering the Irish hotel sector, with Archer Hotel Capital (Conrad), Deutsche Finance International (Central) and Northland Properties from Canada (Portmarnock), all making their first purchases here.

'Black Friday' at Cahernane

To celebrate Black Friday, Cahernane House Hotel, Killarney, Co. Kerry are giving guests 20% off selected prepaid packages for stays on the 13th and 14th December and

selected dates in March.

Cahernane also have several Gift Vouchers to make shopping for family and friends this Christmas easier. Vouchers can be used towards luxurious getaways, dining experiences, Afternoon Tea, drinks in the cellar bar or towards any goods or services that may be offered in the hotel.