The next chapter 6 December 2019 Lexington managing director Julia Edmonds on taking the helm at the caterer and her people plans for the future
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Irish hoteliers fare betterin the South

01 January 2000
Irish hoteliers fare betterin the South

Hoteliers in the Republic of Ireland enjoyed another year of growth in 1997, but those in the North suffered a small decline, according to the latest hotel survey by consultant Horwath Baston Charleton and the Bank of Ireland.

Hotelkeepers in the South boosted average pre-tax profits per room by £353 to £4,428 while Northern Ireland hotels saw them fall by £108 to £3,661. Average room rates climbed more steeply in the South (up £5.05 to £53.66) than in the North, up £1.53to £48.91.

While occupancy levels in the Republic were practically static at 70%, this was against a growth in hotel numbers from 717 to 730, and in the number of bedrooms from 26,400 to 27,200. This year is expected to see another 4,100 new rooms and a 9% growth in revenue.

Occupancy levels in the North fell fractionally to 57.9% from 58.3%, partly due to a decrease in visitors from the Republic because of the strong pound and political uncertainty. The recent peace agreement is expected to improve performance in 1998.

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