Get the app today! Download iPhone App Download Android App


Turnover Increases 14% At Irish Aparthotel Operator Staycity

Published on Jan 7 2020 1:50 PM in Hotel tagged: staycity

Turnover Increases 14% At Irish Aparthotel Operator Staycity

Irish aparthotel operator Staycity has revealed that its turnover for the year to the end of December, 2019, increased 14% to €78 million.

The Irish Times quotes Staycity chief financial officer Wayne Arthur as saying, "The year was a challenging one, particularly in the UK where confidence has been fragile due to Brexit uncertainty. Despite these challenges we delivered a record like-for-like occupancy of 87.3%."


Meanwhile, Staycity co-founder and chief executive Tom Walsh said, "I am delighted with the progress made in 2019. Not only did we deliver industry-leading occupancy levels, we've also gained our strongest ever guest satisfaction scores.

"We are on target to deliver revenues of over €100 million in 2020 along with continued profit growth."

© 2020 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 LinkedIn Share via Email