Covid creates Vera Foods
Covid 19 has played a role in creating an exciting new food business for two hospitality professiona...

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Optimizing Covers in Phase Three
John Girvan, Manager at catering supplier Alliance Online Ireland (www.allianceonline.ie), shares so...

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IFSA/Chef Network Operating Guidelines
Representing over 200 member companies, IFSA (the Irish Foodservice Suppliers Alliance) and Chef Net...

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Brand Building with Video
  Video is a powerful communications tool, but hotels need to have a clear reason for posting ...

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Covid creates Vera Foods
Optimizing Covers in Phase Three
IFSA/Chef Network Operating Guidelines
Brand Building with Video

News

Dublin needs 3,000 new hotel rooms

A new report on the hotel industry suggests that Dublin is experiencing a major shortage in hotel rooms and there is an urgent need for an additional 3,000 rooms to satisfy demand.
 The research, which was conducted by professional services firm JLL, claims that a failure to address this supply shortfall could have a significant negative impact on the Irish economy.

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 The report states that Dublin city is serviced by around 19,000 hotel rooms, with fewer than 300 additional rooms set to come on stream by the end of next year, which will result in a serious shortfall.
 , so far in 2015 occupancy levels in hotels in the capital have risen by 4.6% to over 84%, with the average cost of a Dublin hotel room rising 17% on an annual basis to €127.
 The JLL report cites a number of factors to be considered to address the urgent issue of Dublin hotel development, such as shortage of suitable development sites, lengthy planning processes, and a lack of competitive development finance.
 
 

Hoteliers Reject Web Summit Claims

The Irish Hotels Federation has rebuffed claims made by the Web Summit regarding Dublin hotel rates.
 The IHF said yesterday:
 'Despite comments made by the organisers, industry evidence shows that hotel room rates in Dublin are highly competitive for the event. The average room rate charged by hotels Dublin wide on the busiest night of this year’s Web Summit (Tuesday 3rd November) was approximately €155, at a time when occupancy levels reached 95%. This represents excellent value for a major international event of this scale in a European capital at a time when Dublin is almost fully booked.
 
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Carruthers Heads Jurys Inns

Amaris Hospitality, the hotel investment and hospitality group, has appointed Jason Carruthers as Managing Director of Jurys Inn.

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Carruthers will take up his role in early January 2016 and will be responsible for the management of the Jurys Inn hotel chain and continuing its strong performance. Working closely with the Amaris Hospitality management team, and reporting to Amaris CEO John Brennan, he will oversee the implementation of a strategy aimed at growing the Jurys Inn business and brand. 
 
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Shelbourne Profit

The company that operates the five-star Shelbourne Hotel in Dublin last year increased its operating profits by 13.5% to €37,117.
Newly-filed accounts for management firm, Torriam Hotel Operating Company Ltd, show it recorded an operating profit for the second successive year, while revenues grew by 8% to €12.2m.
A subsidiary of the hotel giant Marriott International, Torriam’s revenues are made up of management fees and payroll services.
The firm recorded a pre-tax loss of €122,636 after incurring interest payments of €159,753.
 

Airport Hotels make €5.42m

The group that purchased three airport hotels from the DAA, for around €75m nine years ago last year received €5.42m for two of the hotels.
 In 2006, the CG Hotel Group bought two hotels at Dublin and Shannon airports, along with a third — the former Great Southern Hotel at Cork Airport — for around €75m.
 New accounts show that CG Hotels received €1.92m for the sale of its Cork hotel and €3.5m for the sale of its Shannon hotel last year.
 The Cork hotel had a book value of €613,476 on disposal, while the Shannon property was valued at €868,124. The group has retained its best performing hotel, the Radisson Blu at Dublin Airport.
 

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