Hotel Room Revenues Up In Dublin

Dublin earned the second highest growth in revenue per available room last year among the 19 European cities surveyed by PwC. However, it is estimated that Dublin will drop to sixth place this year. Whereas revenue per available room underwent an increase of 13.9 per cent in 2012, it could be slower in 2013, with forecast pointing to 3.1 per cent. Focusing on the occupancy growth rate, it is also expected to rop from 4.3 per cent last year, to 1.2 per cent this year. PwC listed several varying factors which helped the recovery in occupancy rates since 2011, among them was the performances and attractions linked to venues such as the Convention Centre and the offer of good value rooms. 2013 is expected to offer further potential, however, with Dublin hosting the Heinken Cup Rugby Final in May.