Luxury hotels outperforming cheaper rivals

Rates for rooms in luxury hotels around the country rose by 8.7 per cent last year, significantly outperforming the rest of the market.

Gillian Nelis

Managing Editor @gnelis
3rd August, 2013
Charlie Sheil of The Marker hotel in Dublin: performing 'better than expected.' Photo: Feargal Ward

Rates for rooms in luxury hotels around the country rose by 8.7 per cent last year, significantly outperforming the rest of the market.

According to Crowe Horwath's annual Irish hotel survey, which was released last week, the average rate paid for a night in a five-star hotel in 2012 was €139.50, compared to just over €128 in 2011.

Four-star hotels also performed well, with room rates up by 5.6 per cent.

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