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IHI Founders Banquet
The annual Irish Hospitality Institute Founders Banquet and Irish Hospitality Awards takes place on ...

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Return of the 'Gin and Tonic'
By Andrew O’ Gorman, Past President Bartenders Association of Ireland and former Head of Department,...

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Hospitality Expo- Biggest Ever
Hospitality Expo 2018 - RDS - 6-7 of February looks certain to be the largest most comprehensive sin...

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Tech show for new Food and Bev.
Returning to Citywest, Dublin, 6th – 7th February 2018, Food & Bev Live will welcome Irela...

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IHI Founders Banquet
Return of the 'Gin and Tonic'
Hospitality Expo- Biggest Ever
Tech show for new Food and Bev.

News

Corrigan venture breaks even

Revenues at the Irish hotel venture owned by Richard Corrigan last year more than doubled to £1.8m (€2m).
New accounts filed by Mr Corrigan's UK-based firm, Richard Corrigan Restaurants Holdings Ltd, which show that the sharp increase in Irish revenues contributed to overall revenues going up by 8pc to £10.8m.
The group last year broke even recording a modest pre-tax loss of €6,460 - this takes account of non-cash depreciation costs of £690,079.
Mr Corrigan has ploughed millions into his Virginia Park Lodge venture in Co Cavan.
 

Sterling par could cost millions

  Euro-sterling parity could cost Ireland’s drinks and hospitality businesses tens of millions in lost revenue as Irish shoppers cross the border for more affordable products, including alcohol.
 The warning, issued by the Drinks Industry Group of Ireland ), follows a recent CSO report that implicates cross-border shopping in the decline in state revenue take.
 The drinks industry directly employs 92,000 people and enables 210,000 jobs in the wider hospitality sector. Through a nationwide network of pubs, hotels, restaurants, off-licences, distilleries, microbreweries, wholesalers and distributors, the drinks industry exports €1.25 billion in goods annually and generates €2.3 billion of revenue for the Exchequer.
 DIGI’s latest report, The Economic Impact of Brexit on the Drinks and Hospitality Sectors, authored by DCU economist Anthony Foley, estimated that a surge in cross-border shopping could cost the economy as much as €60 million before the end of 2017. If the sterling continues to drop against the euro in 2018 and reaches parity, these losses could be significantly more.
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IHF backs 'Accommodation Day'

 The Irish Hotels Federation is encouraging its members across the country to support National Accommodation Employee Appreciation Day, oto-day which it is organising in 

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association with the Irish Accommodation Services Institute . The initiative provides hotel managers with an opportunity to show their appreciation for the important work done each day by employees working in accommodation departments. 
IASI members are pictured undertaking a challenge during their recent 'Accommodation Olympics'
 Joe Dolan President of the IHF said: “Accommodation employees are a vital part of our industry. Their work can make a very real difference to guests’ experiences. 
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Luxury Operators on tour

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 Nine members of Classic Vacations, one of the largest high end tour operators in the US, are in Ireland to learn more about Fáilte Ireland’s tourism brands, the Wild Atlantic Way, Ireland’s Ancient East and Dublin with a view to including Ireland in their itineraries for 2018. 
 Classic Vacations has never sold Ireland before and is their first time engaging with Ireland as a destination. Their visit is hosted by Fáilte Ireland, in collaboration with sister agency Tourism Ireland.  The targeting of the high net worth niche luxury markets was one of those activities highlighted recently by Fáilte Ireland when it launched its Get Brexit Ready initiative.
 In addition to showcasing Ireland to the tour operators a presentation was made by Fáilte Ireland’s Business Development division detailing the three tourism brands followed by a networking dinner with representatives of the Irish tourism trade at Hayfield Manor in County Cork.
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Minister at 'Flavours' workshop

Tourism Minister Brendan Griffin joined tourism enterprises from Ireland in London this week, for Flavours of Ireland 2017. Flavours is Tourism Ireland’s annual B2B tourism 

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workshop, now in its 15th year, which saw some 100 representatives of the top inbound tour operators based in Britain come together to do business with the various tourism organisations from Ireland.
Pictured are  Alison Johnston, Kildare Village; Robert Campana, Cann Travel; Joan O’Shaughnessy, Chairman of Tourism Ireland; and Tourism Minister Brendan Griffin. 
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