Tag: hotel news

1,300 hotel rooms to be added to Dublin, but supply will still be tight

Posted on | by Aisling Rafferty

It’s forecast that Dublin will see 1,300 new hotel rooms added to the capital this year. More than 500 of the rooms will come from extensions to existing hotels while six new hotels are expected to open in the city in in 2018.

Dalata, Ireland’s largest hotel group, will continue to grow opening three Maldron Hotels and a Clayton Hotel, a 140 room property on Kevin Street and a hotel on the site of the former Charlemont Clinic on the Grand Canal which will have 180 bedrooms opening in September. This month, the McGill family’s Iveagh Garden Hotel will open on Harcourt Street. The family also own the Harcourt and Harrington Hotels and the new 152 room property houses an underground river which will act as a source of renewable energy.

The Liberties will see the opening of Ireland’s first Aloft hotel in the spring with 202 rooms. The hotel is bound to be a hit with tech lovers as guests can use smartphones and Apple Watches to open their room doors. The Dean’s sister hotel, the 41 room Devlin will open in Ranelagh this summer, along with its own 50 seat cinema. According to Davy Stockbrokers said that 2018 will be the first time in almost 10 years that Dublin will see a “meaningful increase” in the supply of new hotel rooms.

Despite these new openings, Dublin’s hotel supply will still remain tight as Dalata close two hotels, the Ballsbridge Hotel and Tara Towers towards the end of 2018/start of 2019. Tara Towers will shut down later this year ahead of being redeveloped into a 140-bedroom Maldron Hotel while the groups lease on the 392-bedroom Ballsbridge Hotel is due to expire in October and while the group is expected to seek an extension of the lease until March of 2019, the property is then set to re-developed by Chartered Land.

Outside of Dublin, Belfast will get 4 new hotel additions, the Grand Central Hotel opening at the end of May with 304 rooms, the Maldron with 237 rooms, Marriott Hotel will open in the Quays area with 190 rooms and a Hampton Hotel will host 180 rooms. Cork’s South Mall area will also get sees a new Maldron too with 230 bedrooms.

Dublin Hotels

Dublin hotels full over 300 nights of the year

Posted on | by Aisling Rafferty

There has been a call for the development of new hotel properties after a Fáilte Ireland report found that limitations on accommodation capacity in key areas are a major barrier to future growth. Reports have shown that business is strong from overseas visitors and bookings and performance are ahead of last year, despite a decline in U.K candidates.

Total overseas arrivals to Ireland from January to August show a record 6.7 million visitors, which is an increase of 2.5%. This increase comes from an increase in the number of North American visitors, up by 18%. This increase shows that North Americans have overtaken UK visitors, traditionally the most important group to the Irish hospitality industry, in terms of revenue spent.

There have been 5 hotels opening this decade in Dublin City Centre and only 1 new hotel opening this year. Property management company JLL have called upon industry stakeholders including planning authorities, hoteliers and developers to encourage and pursue the development of new hotels in the capital’s city centre.

Commenting on the report, Senior Vice President at JLL, Dan O’Connor said, “New hotel rooms are urgently needed in Dublin City and we welcome the publication of Failte Ireland’s latest SOAR report which calls for new hotel supply now.” He added, “With one of the highest hotels occupancy levels of any European City, new hotel supply is necessary to cater for the significant leisure, corporate and group demand now facing Dublin City. We will lose out on millions of spend for the capital, if we don’t deliver new hotel and apart-hotel supply swiftly.”

 

 

VAT 9%

Excel Recruitment supports keep VAT at 9%

Posted on | by Aisling Rafferty

Ireland’s 9% VAT rate for the hospitality industry entered the news again this month as arguments in favour of scrapping the 9 per cent rate circulating around the Department of Finance ahead of the upcoming Budget.

Excel Recruitment work with and on behalf of some of the most well-known and best-loved names in hospitality nationwide and have always been a huge advocate of a 9% rate for the hospitality industry. It is crucial that these companies continue to be supported in their work, providing jobs throughout the country and contributing massively to one of the country’s most important sectors. The rate was one of the few saving graces for hard-pressed hotel and restaurant operators during the recession. Despite being out of the recession, the hospitality industry still faces many challenges including spiralling commercial rates and the uncertainty of Brexit. Add to this the incoming increase in minimum wage in January, which will further increase costs to businesses’ and the growing trend of rising rates in order to retain talent amid a continuing chef crisis. Some parts of the sector are now experiencing improved trading conditions in line with the economic recovery but this is not universal and many businesses are still under significant pressure.

In terms of tourism, the 9% rate is crucial for Ireland to remain a desirable destination and competitive within Europe. Chief Executive of the Restaurants Association of Ireland (RAI), Adrian Cummins, said “Seventeen out of 19 Eurozone countries have a VAT rate of below 10%. A 9% VAT rate in Ireland is not only the correct rate for our country, but it is also in line with the rest of Europe. We need this VAT rate particularly now as Brexit negotiations begin, to remain competitive”.

Minister for Finance Paschal Donohue has signalled the rate will stay (Irish Times, July 2017) but nothing is official until the budget is announced in October. Until then those that work in, for and with the hospitality must be vocal about its importance and its need to stay.

While increasing the VAT rate may provide a short-term injection of cash to the Exchequer, piling additional bills on to already pressured businesses’. It would have serious negative effects on many businesses’ ability to operate and will lead to the loss of jobs and the closure of many quality hospitality operations all over the country. The VAT rate has enabled Ireland’s hospitality industry to do fantastic things – attracting more tourists, grow across the country and employ thousands of people. For all these reasons and so much more, keeping VAT at 9% is an absolute must.

Increase in minimum wage to primarily affect hospitality and retail says Taoiseach

Posted on | by Aisling Rafferty

Business groups have expressed their concern about the impact of increasing the minimum wage on small businesses ability to remain profitable.

Yesterday, Taoiseach Leo Varadkar announced that the minimum wage is set to rise to €9.55, an increase of 3.2%. The increase comes after recommendations from the Low Pay Commission. The increase will come into effect from January 1st, 2018. It will be the fourth increase in the past five yea Taoiseach Leo Varadkar , speaking at the announcement yesterday said “It’s an increase well ahead of inflation, well ahead of average wage growth in the economy. It is modest. It works out at about an extra €12 per week but it is still an important step in the right direction,” he said.

Mr. Varadkar said the cost would fall primarily to private sector employers in industries such as retail and hospitality. He said they had more than five months’ notice before the increase took effect on January 1st, 2018.rs and at least 150,000 workers will benefit.

Business groups representing employers in retail and hospitality industries have pointed out that Ireland’s minimum wage is already one of the highest in Europe and have claimed there is “no economic basis” for a 30 cent per hour increase in the minimum wage as Brexit looms on the horizon.

In a statement following the announcement, employers’ group Ibec said the increase was not justified and warned that it came at a time when businesses were exposed to competitive threats from Brexit.

 

 

Hotel News

Hotel News

Posted on | by Aisling Rafferty

Skellig Star due to reopen

The Skellig Star hotel, formerly known as the Watermaque Hotel, is due to reopen later this month after a €3 million refurbishment and is expected to give tourism in the area a major boost.

The 56 bedroom hotel has been rebranded as the Skellig Star as well as being upgraded to include adjoining apartments, function rooms and other additional facilities

The coastal area is well-known for its stunning views of the Atlantic and has in recent years has, also, benefited significantly in the past few years by the filming of Star Wars on nearby Skellig Michael.

The hotel’s reopening later this month comes as preparations continue for the opening of the nearby Hog’s Head Golf Club, which is the first course in Ireland to be completed by the architecture firm of Robert Trent Jones II and also incorporates a hotel.

Gleeson’s pub in Booterstown to become hotel

Gleeson’s pub in Booterstown is to be extended into a boutique hotel to meet the demand for hotel accommodation in the city.

The well-known pub is expected to invest around €1.6 million into the development, adding 16 bedrooms above the existing extensive food and beverage facilities. The premise’s existing restaurant will undergo a redesign to include a lobby for the new hotel.

Gleeson’s is expected to pitch its new rooms within the mid-to-upper range of the market and the bedrooms are expected to be larger in size than the city standard. The overall business is expected to be rebranded to mark its entry into the hotel market.

239 bedroom coming to Dublin’s Liberties

A new hotel has been confirmed for the Liberties area of Dublin. The hotel is a part of a multi-million euro regeneration of the area in the capital’s south inner city and is in the early stages of development along with an indoor market, micro-brewery and retail and office space.

The regeneration development scheme will be based around Newmarket is set to be centred around the Newmarket Square area. The works will begin with the demolition of a 1970s enterprise centre.

The overall development will extend to over 400,000 square foot, generating 1,700 permanent jobs as well as augmenting the already established Teelings Distillery.

Cushman & Wakefield, commercial partners of real estate agency, Sherry Fitzgerald, are handling the development, while the design team for the project is a partnership between Reddy Architecture + Urbanism and Mola.

Planning permission is currently in the process of being lodged with Dublin City Council.

Lifting of Good Friday alcohol ban will extend to restaurants and hotels

Posted on | by Aisling Rafferty

The Good Friday ban on the sale of alcohol is to be lifted from all premises including hotels, restaurants and clubs, by 2018.

The Government is to ensure that the lifting of the ban on the sale of alcohol on Good Friday will apply to all premises rather than be restricted to pubs and off licences.

Minister for Justice Frances Fitzgerald has announced that the Government would not oppose a Private Member’s Bill submitted earlier this year by Independent Senator Billy Lawless. Mr Lawless’ bill sought to remove the 90-year-old ban for pubs and off-licences.

Ms Fitzgerald had pointed out, however, that it would lead to further legal anomalies, and she will today ask her Cabinet colleagues to consider amendments to ensure that the abolition will also apply to restaurants, clubs and hotels.

The Government’s initial intention had been to lift the ban with its own legislation that would aim to reform the sale, supply and consumption of alcohol. The Sale of Alcohol Bill is expected to come before the Dáil later this year, but the Government will remove the prohibition through amendments to Mr Lawless’s Bill, so that the proposals can pass through the Oireachtas well in advance of Good Friday 2018.

A Government source speaking to the Irish Times newspaper said: “While the Bill would, if enacted in its current form, permit the sale of intoxicating liquor on Good Friday in public houses and off-licences, it would not permit such sales in other categories of licensed premises, such as restaurants and hotels. Moreover, it would not apply in the case of registered clubs. It would therefore introduce further anomalies and unfair trading conditions in respect of the sale of alcohol on Good Friday.”

The changes that are to be considered by the Cabinet aim to “to remove these anomalies by allowing for the sale of alcohol in all categories of licensed premises on Good Friday”.