Aiden Murphy

22 results

A new report calculates that a no-deal Brexit could cost hotels in the Republic €52 million next year

Risky loans Regulators have raised the alarm about the threat that risky loans to heavily-indebted businesses pose to Irish banks, the Sunday Times r(...)

Paschal Donohoe, the Minister for Finance, declared that the reduced VAT rate of 9 per cent to help the tourism and hospitality industry has “done its job”.

Groups representing the tourism and hospitality industries have sharply criticised the Government for raising the sectors’ VAT rate from 9 per cent to(...)

The Crowe survey for 2017 found record profit levels, occupancy and average room rates in all regions.

Hotel room revenue growth outside Dublin has overtaken growth rates in the capital, as State policymakers’ focus on better spreading the benefits of t(...)

Property on Brighton Road, Foxrock: one of the houses, of 497sq m,  was  the Kenyan embassy and the other measures 280sq m

Two detached houses and a site of 2.36 acres on Brighton Road in Foxrock are for sale at €10.25 million through Lisney. They are being sold on the i(...)

Lynam’s Hotel: it was only put on the market in late September

Lynam’s Hotel on O’Connell Street in Dublin has been sold to a private investor for a figure believed to be close to €6 million – well more than the €(...)

The sale of Lynam’s Hotel on Upper O’Connell Street excludes the Spar shop on the ground floor.

With hotel room rates rising and tourism booming, there should be keen interest in a mid-sized hotel on Upper O’Connell Street which is fresh to the i(...)

The Crowe Horwath study shows the standard industry metric of revenue per available room (RevPar) was €65.52 on a national basis in 2015

Profits at Irish hotels are rising at a “remarkable” pace due to high occupancy and near record room rates, more tourists, a strong domestic market an(...)

Marcu Valente, a resident of Lynam’s Hotel on Upper O’Connell Street, Dublin, where homeless families face eviction. Photograph: Brenda Fitzsimons/THE IRISH TIMES

Five homeless families who feared they would be evicted from Lynam’s Hotel in Dublin today will be allowed to stay until August 1st. The hotel on U(...)

Farnham Estate includes a 158-bedroom hotel and golf course and is currently returning a €2 million annual profit

The profitable Radisson Farnham Golf & Spa Resort in Cavan is to be offered for sale at a fraction of its original cost. Savills Hotels and Leisur(...)

Maldron Hotel: leased to hotel operator Dalata until 2030

Cork city’s Maldron Hotel – leased to hotel operator Dalata until 2030 – is on the market through DTZ Sherry FitzGerald at €6 million. It is being sol(...)

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