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Grad of the Year
Andrew Grant of DIT, IHI Graduate of the Year is pictured at the Founders Banquet with sponsor, Hugh...

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Stellar Line Up for Global Summit
The line-up for the Global Hospitality Tech Summit which is running alongside next year’s Food &am...

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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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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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Grad of the Year
Stellar Line Up for Global Summit
IHI Founders Banquet
Hospitality Expo- Biggest Ever

News

Amaris posts £95m loss

Hotel group Amaris Hospitality, which runs Jurys Inn and other hotels in Ireland and Britain, recorded an operating profit of £44.6 million (€50.6 million) in 2016. Revenues rose 15 per cent to £453.1 million during the year.
The 74-hotel group, owned by US private equity group Lone Star, had finance costs of £151 million, which transformed the operating profit into a pre-tax loss of £106 million. After an income tax credit, the result for the year was a loss of almost £95 million.
However, the group said it secured a strong underlying performance in what it described as a “transformative year”. The operating profit of almost £45 million compared to an operating loss of £31 million in 2015.
Amaris is led by chief executive John Brennan, the former chief executive of Jurys Inn. 
Lone Star is in the process of selling the 36-strong Jurys Inn chain, with Swedish hotel group Pandox recently emerging as the frontrunner for the business.
 
In Ireland, Amaris Hospitality also operates the Hilton Garden Inn in Dublin (previously the Jurys Inn Custom House hotel). The accounts show that £35.9 million of its turnover comes from the Republic, up from £25.3 million in 2015.
 

Sherleen is top Revenue Manager

Sherleen Nunkoo of Jurys Inn, Parnell Street, Dublin was named 'Revenue Manager of the Year' at the IHI Awards.

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She is pictureed with sponsor, Clio O Gara, Guestline at IHI president Matt Muller.
 
 
 
 
 
 

Knightsbrook Hotel sold

The Knightsbrook hotel and golf course in Trim, Co. Meath, has been sold to a group of private Irish investors for €19.5 million, a figure that's €1.5 million above the price posted by Cushman & Wakefield when the venue hit the market in April of this year.

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 State assets agency Nama will benefit from the sale due to its taking over a loan that was secured on the property and business, and originally owed to AIB. Knightsbrook accounts indicate that repayment of the debt had been discussed with Nama in recent years, as well as showing that while the resort was profitable in 2015, its assets still ended up falling €1 million short of its liabilities.
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Shanahan's building to top guide price

One of the finest Georgian houses on Dublin’s St Stephen’s Green, occupied by the fine dining restaurant Shanahan’s on the Green, is to be sold on behalf of a receiver for  mor

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e than its €4.5 million guide price.
The famous steak house at No 19 has been trading as 'Shanahan’s' since 2000 and was previously known as 'Whites on the Green', when it was also run as a restaurant by property owner Peter White.
The restaurant trading company operated by John Shanahan pays a rent of €240,000, which is due to rise to €290,000 in 2019.
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Students research 'Bleasure' in France

Student research winners from 12 nations presented findings at Nice, France at a conference hosted by Global Travel and Tourism Partnership (GTTP)

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 The GTTP Ireland winners were Marta Gacek (16 years) and Stephanie Keane (15 years) of  Mercy Mounthawk Secondary School. They arew pictured with Natasha Kinsella of Tourism Innsight (on rigjht)
 
 The Global Travel and Tourism Partnership (GTTP) announced that 24 secondary and tertiary students from 12 countries were selected as 2017 Student Research Competition winners out of approximately 2,000 entries. The students presented their case study research findings at the GTTP’s annual student/teacher conference in Nice, France. In Ireland, this competition is integrated within Tourism Insight, an educational programme about career opportunities in the tourism industry.  
 The winning pupils at the GTTP conference discussed how the growing trend for travelers to combine their business and leisure trips (“Bleisure travel”) can attract more visitors and enhance the tourist experience in their respective countries. The students also explained their views on the role of sustainability and technology in supporting Bleisure tourism development. 
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