Get the app today! Download iPhone App Download Android App

SUBSCRIBE

Hotel Room Rates Rose 8.1% Outside Of Dublin In July

Published on Aug 21 2018 9:50 AM in Hotel tagged: Featured Post / STR

Hotel Room Rates Rose 8.1% Outside Of Dublin In July

New figures from hotel market data company STR have revealed that the average cost of a hotel room outside of Dublin rose by over 8% in July compared to the same month last year.

According to The Irish Times, STR’s data indicates that hotel room occupancy outside of the capital decreased 1.8% to 85.2% in July while the average daily room rate rose 8.1% to €130.87. Meanwhile, revenue per available room (RevPAR) increased 6.2% to €111.45.

Dublin And The Republic As A Whole

Occupancy in Dublin was down during the month, decreasing 0.6% to 90.1% while the average daily room rate rose 5.3% to €158.45 and RevPAR increased 4.7% to €142.76.

The occupancy figure for the Republic of Ireland as a whole dropped 1% to 88.1% while the average daily room rate rose 6.7%  to €147.54 and RevPAR rose 5.6% to €129.96.

© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email