Advertisement

Dublin hotel industry sees growth in numbers

The hotel industry in Dublin is continuing to make gains. New figures from Deloitte show occupan...
Newstalk
Newstalk

11.39 8 Aug 2012


Share this article


Dublin hotel industry sees gro...

Dublin hotel industry sees growth in numbers

Newstalk
Newstalk

11.39 8 Aug 2012


Share this article


The hotel industry in Dublin is continuing to make gains.

New figures from Deloitte show occupancy levels between January and June were at 70%.

That is up 2.1% compared to the same period last year.

Advertisement

While the average daily rate for a room in the capital was €86.91 which is an increase of 7.8% on last year.

Kevin Sheehan is partner in charge of Travel, Hospitality and Leisure Services at Deloitte.

“One of the positives that we can take from the results is that significant percentage increases have been observed in revenue per available room – indication that while occupancy levels are not increasing at the same rate as last year, hoteliers in Dublin are driving performance through room rate which is directly affecting the bottom line” he said.

“Achieving occupancy growth will be a challenge as hotels in the capital are still operating in a market with constrained demand” he cautioned.

“However, it is positive that the performance indicators that contribute to profitability are all continuing to trend upward. Performance is holding steady quarter by quarter, and with the launch of initiatives such as The Gathering 2013, the industry is playing its part in ensuring that performance continues to move in the right direction” he added.


Share this article


Read more about

News

Most Popular