Skip to main content
Hit enter to search or ESC to close

Narrow down your searches to:

  • All
  • Food is Living
  • Industry
  • Farmers & Growers
Top Picks
Bord Bia

Hotel & Restaurant Sector

 

2019 ROI hotel transaction activity hits €221m

Hospitality Ireland - 16.10.2019

A new report from estate agency Cushman & Wakefield has revealed that transaction activity in the Republic of Ireland's hotel market totalled €221 million during the first nine months of 2019 -  a figure that is almost three times the total value of transactions for the same period last year. The Irish Times quotes Cushman & Wakefield's Isobel Horan as saying, "With a strong performance in the past three months, all indicators suggest that overall activity in 2019 will exceed that of the past two years."

 

Michelin guide 2020: Full list of Irish restaurants and what the judges said

The Irish Times – 08.10.2019

Five restaurants in Ireland – two in Dublin and and one each in Cork, Limerick and Belfast – have been added to the 2020 edition of the Michelin Guide Great Britain & Ireland, which was launched at an awards ceremony in London on Monday evening. Aimsir, the restaurant at Cliff at Lyons in Co Kildare run by head chef Jordan Bailey and his wife, Majken Bech-Bailey, was the big winner: 4½ months after it opened it is now a two-star restaurant. The Greenhouse, in Dublin city centre, finally got its hands on a long-overdue extra star, joining Restaurant Patrick Guilbaud as the capital’s only two-star restaurants. The latest additions brings to 21 the number of Michelin-starred restaurants on the island of Ireland.

 

Turnover up at Doyle’s four UK hotels despite Brexit uncertainty

The Irish Times – 17.10.2019

Turnover at the Doyle hotel group’s four UK properties rose 11 per cent last year to €69 million in spite of uncertainty around Brexit and a currency impact from a decline in the value of sterling. It is understood that the turnover mix in the UK went from 60 per cent corporate and 40 per cent leisure to being a 50-50 split between the two, while its average room rates increased. Some 47 per cent of Doyle’s overall turnover is denominated in sterling. Revenue from its three Irish hotels – the Westbury and Croke Park properties in Dublin and the River Lee in Cork – last year rose to €57.8 million from €54 million in 2017. While there has been an evident decline in the number of UK visitors to Ireland in recent months, it is understood that the five-star Westbury in Dublin is experiencing good trading.