Monday November 30, 2020

A nice little earner

Hoteliers are focusing on smaller guestrooms and long secure income as the sector remains optimistic – despite predicted yield reductions, a Vat hike and concerns about Brexit

20th January, 2019
4
The proposed Mayson Hotel in Dublin 1

Irish hotel transaction volumes for 2018 reached about €750 million, an impressive 36 per cent increase on 2017 levels. Despite these big numbers for a traditionally ‘alternative’ sector, it’s likely that ‘small’ will be one of the major hotel sector trends in 2019.

Whether it’s new budget hotel operators, such as Motel One and Premier Inn, entering the Irish market or new pod and capsule hotels being built in Dublin, for example the...

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