News

Loss at Trinity City Hotel

The company behind the Trinity City Hotel in Dublin, which was acquired by US billionaire John Malone in 2013, experienced a loss last year and has restructured its debt with trinityhotel1121 AIB as a result of the COVID-19 pandemic.

Newly-filed accounts for the company behind the property, Trinity Leisure Holdings, show that it made a €2.3 million loss last year, which followed a €4.8 million profit the previous year.

The company had total bank loans totalling €49.4 million at the end of 2020, compared to €48.7 million at the end of 2019, and, of its bank loans, €33.9 million is repayable after five years.

Malone paid €35 million for the hotel in 2013. In 2019, the company behind the premises paid a €16 million dividend, allowing him to recoup a significant portion of his outlay for the property.

'Sustainable' Christmas Market in Cork

To celebrate Sustainability Month and its recent Silver Eco-label Award from Green Hospitality, The Imperial Hotel in Cork City is hosting a Sustainable Christmas Market this Imperial0621

Sunday 21st November, in partnership with Fifty Shades Greener and Cork Zero Waste.

Their motto inspired by Princess Grace (actress Grace Kelly), who stayed at the hotel 60 years ago, is ‘Don’t be like the rest of them Darling!’

On arrival guests can enjoy hot chocolate at the sustainable Parklet benches on the South Mall. Busy elves will then whisk them upstairs to the ballroom which will host the Sustainable Christmas Market from 12pm to 4pm.

The market will have 15 stalls of local craftspeople, artisan makers, toy makers, and foodies to find unique gifts for yourself and others, along with a range of treats. There will also be sustainable Christmas decoration making for kids on the day.

Logistics company offsets carbon

Paudie Murphy, managing director, All-Star Logistics Ulc, is presented with the Flogas Carbon Offsetting Certificate of Climate Protection by Michael Murphy, area bulk sales allstar1121 representative, Flogas Ireland, verifying that it has compensated for 72 tonnes of greenhouse gas emissions by investing via Flogas in South Pole’s climate protection project, Kariba Forest Protection in Zimbabwe.

It’s a double first for the Newcastlewest company, as the first Limerick business and the first logistics and transport provider in Ireland to sign up to Flogas Ireland’s Carbon Offsetting initiative for its commercial customers.

First established in 1996, All-Star Logistics now provides warehousing, logistics and fleet transportation solutions for national and multi-national clients.

Call for supports follow 'Cinderella' closure

Hospitality groups have called for a restoration of supports following the Government decision to introduce a midnight closing time for bars, restaurants and nightclubs which will dokeeffe come into force from midnight this Thursday, 18 November.

Normal opening hours for such premises only returned on 22 October.

The curfew is part of a range of measures aimed at reducing the spread of Covid-19 infections.

The plan also includes advice for employees to work from home as of next Friday, and the requirement for Covid passes in cinemas and theatres.

Responding to the Government's decision, the Licensed Vintners Association called for the immediate re-introduction of Covid supports for the late-night sector.

The LVA said this "will be extraordinarily difficult for those working in late bars, nightclubs and the rest of the late night sector and will place considerable pressures on livelihoods in the run up to Christmas".

German Travel 'Academy' for Killarney

Der Touristik, a major German tour operator and the largest tour operator from Mainland Europe to the island of Ireland, has announced it will host its annual travel academy in kerry1121

Killarney, in April 2022. The event is always held in leading travel destinations – most recently, prior to COVID-19, in Cuba in 2019 and in Finland in 2018. Killarney beat off challenges from a number of other top destinations to host the 2022 event.

This will be the first overseas event for DerTouristik since the outbreak of COVID-19. The travel academy was originally due to take place here in April 2020 but was postponed because of the pandemic. It is being supported by Tourism Ireland, in partnership with Fáilte Ireland and Limerick Travel.