Average pay has passed €1,000 a week. The figure offers some key messages about where the economy is and how households are doing
An increase in well-paid, permanent jobs in some sectors has pushed up average earnings
Hotels
Limerick Mayor eyes introduction of hotel tax to fund tourism offerings
John Moran likens ability to raise revenue locally to powers of similarly elected European mayors
Irish property investment levels rose in 2024 from low level
But investment in private rented sector stagnated while office market remained moribund
Billionaire owner of Parknasilla hotel in Kerry secures €20m loan against property
UK-based Topland Group provides loan facility for resort
Businesses appeal for change to defamation laws
Isme estimates annual cost of defamation actions in hospitality and retail as much as €50m
Clash on hotel tax between Fine Gael Ministers and Dublin TDs and councillors
A number of politicians in the capital have gone public on their support for a hotel bed levy despite the strong opposition of two senior Fine Gael Ministers
Tax on hotel guests planned by four Dublin councils
Work on tourist levy across city to start later this year but will require legislation
Irish hotel industry fastest in EU to bounce back from pandemic, data shows
Average daily room rate has reached €169 – 30% higher than pre-pandemic levels
Plans for Howth hotel in doubt after planning decision
An Bord Pleanala rules out new road to access proposed Deer Park development
How are Irish family-run hotels faring? ‘You might have five stars but it will be soulless if there is no connection with the staff’
Amid concerns about lower bookings and higher costs, we spoke to hoteliers in long-established family businesses
Irish hotels boss David Kelly: ‘If you get the guest experience right, usually that’ll result in profits’
FBD Hotels & Resorts, under CEO David Kelly, looks set to keep expanding but only when it finds the right opportunity
Dublin tourist hostels lure hotel investors with promise of higher returns
Low-cost, high-volume business model has sparked flurry of activity from developers and operators over past 18 months
Irish hotel industry issues warning amid slower bookings and rising costs
Irish Hotels Federation highlights ongoing hit from costs
Council gives go-ahead for Dublin city centre hotel
Site is located less than 500 metres from College Green and Grafton Street
Four leading Irish companies shortlisted for Local Business Award
The prize forms part of The Irish Times Business Awards, which are run in association with Bank of Ireland
Storm Éowyn: Shops, banks and other businesses batten down hatches ahead of status red conditions
Banks and retailers to close on Friday for the duration of the status-red weather warning
Five-star Morrison Hotel on market for €90m-€95m
The sale, which was mooted last year, would mean significant return for owner if estimate is achieved
FBD Hotels to buy Malahide’s Grand Hotel in €55m deal
Agreement will see the Dublin hotel become the seventh property in the company’s portfolio
‘If you charge someone €400 they are immediately p*ssed off.’ Third generation of Fitzpatrick hoteliers
Mark and Joseph Scott-Lennon are keen to add more properties to the hotel chain
Hotels: Despite trading difficulties, deal volumes look to exceed €1bn
With deal values of €900m and several big sales pending, Irish hotels have been in demand in 2024
Top hotelier accuses Government of ‘complete lack’ of business understanding and pushing prices higher
Owner of Inchydoney Island Lodge says prices across hospitality industry up by 10% since last year
Hotel’s insurance policy triggered by lockdown and Covid ‘at’ its premises, High Court rules
Hotel’s manager tested positive for the virus by the time the nationwide lockdown was imposed
Undercover hotel cleaner in Ireland: ‘Lifting the heavy mattress, I cry tears of rage and exhaustion’
‘I never would have believed it was possible to create such a hell in which we feel compelled to work as hard as this the entire day’
Brooks Hotel in Dublin to close for three months for €6m makeover
Four-star hotel on Drury Street in Dublin will close at the end of October and reopen at the end of January 2025
Private Irish investors pay €5m for Galway city hostel
Sleepzone is rebranded as Dawson Hostel following acquisition by owners of former Dawson Hotel in Dublin
Muckross Park Hotel owner hails ‘successful year’ as Covid rebound continues
iNua, which completed a crucial debt refinance deal last year, sees decline in bar revenues in 2024 amid consumer pullback
Ireland’s hospitality sector: ‘The customer feels they are not getting value for money’
Inside Business podcast with Ciarán Hancock
Mespil Hotel in Dublin records rise in profits
Revenues increased by 38 per cent to €15 million in the 12 months to the end of last September
West Cork’s landmark Eccles Hotel and Spa seeking €5m
In operation since 1745, boutique four-star venue has hosted famous names including George Bernard Shaw, WB Yeats and Pippa Middleton
O’Connell Street landmark with full planning for boutique hotel seeks €9m
Former premises of Kylemore cafe, seeking €9m, occupies high-profile location overlooking the Spire and the GPO in the heart of Dublin city centre
Limerick landmark Barrington’s hospital for sale at €12.5m
Built originally on behalf of the Barrington family, the George’s Quay property has been in medical use for close to 200 years
Derek McGrath’s Core Capital closing in on €10m deal for New Ireland office block
Feasibility study suggests 5-9 South Frederick Street could accommodate development of 137-bedroom hotel
When did hotels stop offering single-occupancy rooms at a reasonable price?
Does it not matter that there are 425,974 of us living alone in the Emerald Isle of a thousand welcomes?
No evidence of price gouging by Dublin hotels during big events, report finds
Fáilte Ireland report on the potential for ‘price gouging’ finds situation in the capital is broadly in line with comparable European destinations
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