Downturn leaves hotel sector reeling

Recent figures from the Central Statistics Office, which tell us that we had 148,000 fewer visitors in May than in the same month last year, will come as no surprise to hoteliers for whom empty beds are only one part of a daunting problem.

25th July, 2009

Recent figures from the Central Statistics Office, which tell us that we had 148,000 fewer visitors in May than in the same month last year, will come as no surprise to hoteliers for whom empty beds are only one part of a daunting problem.

Not only has demand dropped to an all-time low in nearly every market segment, but this comes after years of tax incentives which ensured a dramatic increase in the supply of new...

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