This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
STR Global: Ireland on the upswing
March 7 2013

Ireland reported RevPAR increases of 11.8% to €60.30 ($78.45) for the 12-months to January 2013 period compared with the same timeframe prior year, according to STR Global.

LONDON— Ireland reported revenue per available room increases of 11.8 percent to EUR60.30 for the 12-months to January 2013 period compared with the same timeframe prior year, according to STR Global, the leading provider of market data to the global hotel industry. The country’s performance benefited from improving demand levels with 4.9 percent more rooms occupied in the reviewed timeframe.

Because air and sea transport links in Cork were reduced over recent years, the market saw the only decrease in demand (-3.3 percent) of the selected Irish markets. Despite the decreases in demand and room availability (-4.4 percent), the market managed to improve its RevPAR (+3.2 percent) year on year.
 
The strengthening Irish hotel market coincides with the growing sample of hotels reporting monthly and daily performance data to STR Global. STR Global now tracks more than 18,100 rooms across the Irish Republic with the majority of rooms located in the Dublin market (12,500 rooms). This represents an increase in the number of rooms tracked across the country by 23.5 percent and by 25.6 percent for the Dublin market compared with March 2012.
 
“We are delighted to be assisting more and more hotels across the Irish Republic with our reports and access to market intelligence”, commented Elizabeth Randall Winkle, managing director of STR Global. “Irish hoteliers have come through very tough market conditions, and we are looking forward to be able to assist our current and future clients with the market knowledge they need to make informed decisions”. 

Media contacts:

Naureen Ahmed
Marketing Manager
STR Global
nahmed@strglobal.com
+44 (0)207 922 1965

Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

 

COMMENTS   Show All
Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include links or URLs will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff

TRENDING
Airbnb accounts for 5.4% of NYC demand
AC brand enters US, 50 more on tap
NYC Plaza saga continues to unwind
IHG’s Kimpton buy a ‘perfect fit,’ CEO says
6 things about Expedia you didn’t know
IHG’s Kimpton buy start of consolidation push?
VIDEO
Wyndham focused on management
Greg Mount talks RLHC's turnaround
The Lodging Conference in review: Day Two
The Lodging Conference in review: Day One
US supply growth not a problem
LATEST NEWS
Freitag’s forecast: 10 predictions for 2015
STR: US results for week ending 13 December
US hotel conversion list
The future of Facebook in hotel marketing
Secondary US markets ripe for development
Dear millennials, we need to talk
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
        
Copyright © 2004 - 2014 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy