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Irish hotel room rates up 10% in first half of the year

Hotel prices are up 10% in the first half of the year. Hotels.com says the average price per nigh...
Newstalk
Newstalk

09.32 2 Sep 2014


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Irish hotel room rates up 10%...

Irish hotel room rates up 10% in first half of the year

Newstalk
Newstalk

09.32 2 Sep 2014


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Hotel prices are up 10% in the first half of the year. Hotels.com says the average price per night in Ireland is now €101.

Killarney is the most expensive destination for overnight guests, with visitors paying €11 on average, which is a 4% rise in prices.

While Limerick is the cheapest at €74 a night, despite it seeing a double-digit boost in prices paid - up 12%.

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Cork, Galway, Kilkenny and Sligo all saw prices recover in the first half of the year. The Wild Atlantic Way has helped to promote towns and cities along the west coast of the country. Galway was up 3% to €100, Sligo grew 2% to €81 and Cork saw a 6% rise to €91.

While prices in Dublin rose 15% to an average of €107 per night.

Hotels.com says the impact of the cancellation of the five Garth Brooks concerts in July "is not yet reflected in the figures" - but it is estimated that the capital lost €50m in ticket refunds, empty hotel rooms and missed spending on food and drink by fans from home and abroad.

Average price per room per night in H1 2014 compared with 2013 | Image: Hotels.com

Hotels.com says the continuing rise in prices is down to increased visitor numbers, additional air routes and events based tourism.

According to the Central Statistics Office (CSO), visitors to Ireland increased by 9% in the first five months of the year.

The Hotels.com Hotel Price Index (HPI) is based on bookings made on the website and prices shown are those actually paid by customers around the world (rather than advertised rates) in the first half of 2014.

While the strength of the pound sterling against the euro helped boost Belfast prices by 16% - the highest in the HPI - to €98.

"Belfast was a hive of activity in the first half of 2014 as the city played host to the Grande Partenza of the Giro D'Italia", the survey says.


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