Hotels cut rates to beat slump

John Power, chief executive of the Irish Hotels Federation (IHF), has said he ‘‘can’t understand’’ how so many high-end hotels are covering costs after slashing their room rates.

30th August, 2008

John Power, chief executive of the Irish Hotels Federation (IHF), has said he ‘‘can’t understand’’ how so many high-end hotels are covering costs after slashing their room rates.

Many five-star hotels are offering package deals at drastically reduced prices in a bid to fill rooms. The luxury Capella hotel in Castlemartyr in Cork and Hayfield Manor hotel in Cork city are among the hotels now offering two-night packages for...

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