The old and new faces to watch in the hotel market
Investors are again piling into the sector as profits rocket, says Róisín Burke
With year-on-year rocketing profit growth of 30 per cent, the hotel business is one of the areas where economic recovery has shown up strongest - so far, at any rate.
A newly updated report by Fáilte Ireland estimates that 69 hotel development projects in Dublin alone are due to come onstream by 2020 and things are picking up outside the capital also.
As my detailed feature on the luxury hotel market last Sunday ...