• Failte Ireland welcomes Tourism Industry taskforce

    Fáilte Ireland has today welcomed the establishment of the Tourism Recovery Taskforce announced by Ministers Shane Ross and Brendan Griffin.

    Welcoming today’s announcement Paul Kelly, CEO of Fáilte Ireland who is a member of the Taskforce, said the Taskforce is a critical and urgent working group dedicated to ensure the tourism sector recovers from this crisis as quickly as possible:

    “The impact of COVID-19 on the tourism sector has been catastrophic and the establishment by the Government of a Tourism Recovery Taskforce is very much welcomed by Fáilte Ireland.  I look forward to participating and constructively engaging with my fellow members and with our Chair Ruth Andrews who has extensive knowledge of the tourism sector. Each member brings expertise and a passion for rebuilding the tourism industry so I am confident we will agree innovative plans with urgency to ensure the tourism sector can survive and emerge from this crisis ready for business.  In parallel to the work of the Taskforce, Fáilte Ireland will continue its comprehensive planning and business supports work with thousands of tourism businesses and sectoral bodies as we try to rebuild the tourism industry together.”   

    Fáilte Ireland’s online COVID-19 Business Support hub for the tourism industry is available at www.failteireland.ie

    • by rlconsulting

    • 26 May 2020

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  • Director of Sales

    Sales and Marketing Director required for prominent Visitor Centre and destination in Co Clare. This is an excellent opportunity for an accomplished Sales & Marketing Director who wishes to work with directly with the Directors in developing the Sales, Marketing and promotional opportunity at this iconic venue on the Wild Atlantic Way.

    The successful candidate will have the ability to develop business levels but also have the vision and ability to attract and develop new business opportunities at this site. This candidate will develop and implement a comprehensive sales & marketing strategy for the future, embracing new technologies and emerging new markets. Please contact Richard for further information on this exciting opportunity

    • by rlconsulting

    • 26 May 2020

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  • Failte Ireland

    Fáilte Ireland has today welcomed the establishment of the Tourism Recovery Taskforce announced by Ministers Shane Ross and Brendan Griffin.

    Welcoming today’s announcement Paul Kelly, CEO of Fáilte Ireland who is a member of the Taskforce, said the Taskforce is a critical and urgent working group dedicated to ensure the tourism sector recovers from this crisis as quickly as possible:

    “The impact of COVID-19 on the tourism sector has been catastrophic and the establishment by the Government of a Tourism Recovery Taskforce is very much welcomed by Fáilte Ireland.  I look forward to participating and constructively engaging with my fellow members and with our Chair Ruth Andrews who has extensive knowledge of the tourism sector. Each member brings expertise and a passion for rebuilding the tourism industry so I am confident we will agree innovative plans with urgency to ensure the tourism sector can survive and emerge from this crisis ready for business.  In parallel to the work of the Taskforce, Fáilte Ireland will continue its comprehensive planning and business supports work with thousands of tourism businesses and sectoral bodies as we try to rebuild the tourism industry together.”

    Fáilte Ireland’s online COVID-19 Business Support hub for the tourism industry is available at www.failteireland.ie

    • by rlconsulting

    • 23 Jan 2019

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  • Hotel sales slow in 2018 even as room rates soar

    After years of strong turnover in the hotel investment market from distressed Nama-driven sales, 2018 was a “normal” year for hotel transactions. It’s odd, however, that this occurred against a backdrop of average Dublin room rates hitting a record €155.75 as occupancy levels reached 89.6 per cent and key metric revenue per available room (RevPar) increased by 9.7 per cent to €139.51.
    “International funds and domestic investors are still chasing hotel assets,” says Tom Barrett, director of hotels and leisure at Savills. “So there is a good balance of buyers. The recently announced Budget 2019 increase in the VAT rate on the hospitality sector has put pressure on the industry and Brexit is adding plenty more uncertainty. But the outlook is stable for hotels.”
    Deirdre O’Reilly, senior economist at Cushman & Wakefield, suggests that the limited number of hotel properties for sale over the past year has resulted in a “notable slowdown” in activity. “Investment in Irish hotels amounted to €36.5 million in the third quarter of 2018,” she says, “which brings the nine-month turnover total to €79.3 million, across just eight transactions. Compared to the same period of 2017, this is a 10 per cent fall in the value of sales recorded. This excludes any unconventional hotel sales such as company sales, loan sales and refinances.
    “So the Irish hotel market continues to witness a drying up of distressed asset sales which characterised the market in the years 2014-2016, with both the volume and value of transactions slowing. Transactions to date this year have been mostly small-sized assets, with no big-ticket, €50 million-plus hotels for sale on the market. Just one hotel sale in the year to date was over €20 million in value.”
    Recent hotel sales include the four-star Hilton Dublin Airport for €22.5 million to the Canada-based Westmont Group – its first venture into the Irish market – while UK hotel investor Propiteer bought the recently refurbished four-star Ibis Hotel just off the Red Cow interchange for more than €14 million.

    • by rlconsulting

    • 23 Jan 2019

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  • athlone springs hotel investment

    Athlone Springs Hotel investment

    The new owners of The Athlone Springs are planning to invest €1.5m into upgrading the hotel which was sold as a going concern last August.
    Pat McDonagh, founder and CEO of Supermac’s, and his wife Una snapped up the four-star hotel in the region of €4m.
    It added to the SÓ Hotel group portfolio which includes Galway’s Lough Rea Hotel and Spa, Limerick’s Castletroy Park Hotel, the Killeshin Hotel in Portlaoise and the Charleville Park Hotel in Cork.
    Opened in July 2007, the hotel is located just off the M6 Dublin-to-Galway road, employs around 100 people in the Midlands region.
    Mr McDonagh said the development has “gotten a bit tired” but modernisation plans “from the ballroom to the bedrooms to the leisure centre” will secure existing jobs at the site.

    • by rlconsulting

    • 23 Jan 2019

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  • 9% VAT DEBATE RETURNS

    9% VAT debate returns

    The debate on the future of the special 9% VAT rate on tourism services, which has been a feature of the run-up to recent Budgets has begun again.

    Hoteliers and restaurateurs have warned the Government not to tinker with the rate for their sectors in the upcoming Budget, as new Revenue figures show that reverting to a 13.5pc levy would raise an extra €527m in a full year.

    Restaurants Association of Ireland CEO, Adrian Cummins, claimed that it would be a “broken promise” by the Government if the 9% VAT rate reverted to 13.5%, given that there was a commitment to it in the Programme for Government.

    The Programme for Government said the reduced VAT rate would be kept “providing services remain competitive”.
    Finance Minister Paschal Donohoe has said a report into the 9% rate is almost complete.

    “My department has undertaken an economic review of the 9% VAT rate ahead of this year’s Budget and the report is currently in the finalisation stages,” he told former Tánaiste Joan Burton in a written reply to a Dáil question.

    Mr Donohoe added: “The Revenue Commissioners’ most recent estimate for reverting the reduced 9% VAT rate back to 13.5% is that it would bring in extra revenue of €527m. I am also advised by the Revenue Commissioners that an estimate for the cost of the measure in 2019 is not yet available.”

    The president of the Irish Hotels Federation, Michael Lennon, is “fairly confident” that the rate will be retained.

    “I think it’s been very successful so far,” he said. “We need some kind of support and help to open up new attractions, new hotels and new entertainment.”

    • by rlconsulting

    • 23 Nov 2016

    • 4 Comments

  • hr-manager-5-star-resort-cork

    HR Manager 5* Resort Cork

    HR Manager required for leading 5* Hotel in Cork. This is a rare opportunity to join a prominent 5* Hotel and take full responsibility for the Human Resources role. Ideal candidate will have 4-5 years experience in a similar property, Hotel HR Management experience is a requirement, applicants with no Hotel experience cannot be considered for this role. EU Passport Holders only as no Work Permit can be issued.

    For full details please contact Richard Lynch at 021-4880577….email CV to richard@rlconsult.com

    • by rlconsulting

    • 23 Nov 2016

    • No Comments

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