According to travel research firm STR, the occupancy rate for the handful of hotels that were open in the Republic of Ireland in April was 12.6%.
STR data has revealed that the hotel occupancy rate in Dublin decreased 85% last month from the figure for April of 2019 to 16.2% due to the COVID-19 crisis while occupancy in regional Ireland decreased by 80%, as reported by The Irish Times.
RevPAR
Meanwhile, revenue per available room (RevPAR) declined 90% in Dublin last month from the figure for April of last year to €11.54, and the average daily room rate in the capital dropped over 30% from the figure for April of 2019 to €91.83. In regional Ireland, RevPAR decreased 86% last month from April of 2019 to €13.47 while the average daily room rate declined 31% to €83.28.
“An Exceptionally Difficult Period”
The Irish Times quotes Goodbody Stockbrokers as saying, “April was always going to be an exceptionally difficult period for Irish hotels given that they are only allowed to accept bookings for essential workers and the majority of hotels are closed.”
View the original article by Dave Simpson on Hospitality Ireland.
Stay up to date
Latest News
-
Five Irish Food Venues Being Sold
Five Irish food venues are being sold. Details As listed on Daft.ie, a property comprised of a fast food take-away and…
10 November, 2022
-
Four Star Pizza Partners With BWG Foodservice For Supply Deal
Four Star Pizza has partnered with BWG Foodservice in a multimillion euro deal over the next five years for the exclusive supply of…
10 November, 2022
-
Cliff Group Appoints New Joint Managing Directors
Hotel and hospitality company Cliff Group has appointed Patrick Shields and Tristan Jacob as joint managing directors. Shields’s Responsibilities In his new…
10 November, 2022
-
Fota Island Resort Appoints New Executive Chef
Fota Island Resort has announced the appointment of Tomasz Pawlak as its executive head chef. Pawlak’s Background Originally from Poland, Pawlak…
10 November, 2022
-
Griffin Hotel Group Returns To Profit, Details Plans For Solar Farm
Griffin Group Hotels Limited, which operates Monart Destination Spa, the Ferrycarrig Hotel in Wexford and Hotel Kilkenny, has filed its 2021…
10 November, 2022
-
Shelbourne Hotel Of Dublin Records Increase In Revenue
Dublin’s Shelbourne Hotel has recorded an increase in revenue for last year. Details As reported by the Irish Independent, according to…
10 November, 2022