Airbnb’s saucy Dublin room rates, Danny McCoy in Downing Street, and RTÉ’s sports rights
Business today: the best news, analysis and comment from ‘The Irish Times’ business desk
The fee for Airbnb rooms is higher than being charged by hotels, the report shows
One south Dublin property earns more than €163,000 in rental income annually from being listed on Airbnb, according to a new study. And the fee for Airbnb rooms is higher than being charged by hotels. No wonder so many landlords are switching to short-term rentals. Fiona Reddan reports.
Ibec chief Danny McCoy was part of a delegation of business leaders who visited Downing Street on Monday to discuss Brexit with UK prime minister Theresa May. He’s now “more confident” that a cliff-edge break will be avoided. Denis Staunton has all the reaction.
A new €250 million venture capital fund that plans to buy equity stakes in Irish SMEs will be launched on Tuesday with backing from AIB, Bank of Ireland and a State investment fund. Joe Brennan has the details.