ROI Hotel Occupancy Rate Dropped To 12.6% In April

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

  • Baird/STR Hotel Stock Index Decreased In May, Notes STR
    Baird/STR Hotel Stock Index Decreased In May, Notes STR

    The Baird/STR Hotel Stock Index decreased by 5.8% in May, to a level of 5,584, and it decreased by 2.8%…

    8 July, 2022

  • New Pilot Grant Scheme To Boost Night-Time Economy Launched
    New Pilot Grant Scheme To Boost Night-Time Economy Launched

    Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media Catherine Martin has launched a new pilot grant scheme to help…

    8 July, 2022

  • Three Irish Food Venues Hit The Market
    Three Irish Food Venues Hit The Market

    Three Irish food venues have hit the market.   Properties As listed on Daft.ie, the leasehold interest of a restaurant…

    8 July, 2022

  • New Glamping Accommodation Opens In Co. Wexford
    New Glamping Accommodation Opens In Co. Wexford

    Glamping company Further Space has announced that it has opened a new glamping site in Co. Wexford. Details Six glamping…

    8 July, 2022

  • Dalata Publishes Trading Update For Second Quarter Of 2022
    Dalata Publishes Trading Update For Second Quarter Of 2022

    Dalata Hotel Group plc has published a trading update for the second quarter of 2022. Details According to the trading…

    8 July, 2022

  • No Experience, No Resume, You’re Hired! Hotels Fight For Staff
    No Experience, No Resume, You’re Hired! Hotels Fight For Staff

    Top European hotel chains are hiring workers without experience or even a resume as executives admit years of underpaying staff…

    8 July, 2022

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept
Reject