Articles tagged “ireland”

Hotels

Paul Singer’s Elliott Management Bets on Hotels as Part of $372 Million Deal

An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.

Sean O'Neill | 1 month ago

Paul Singer’s Elliott Management Bets on Hotels as Part of $372 Million Deal

Airlines

Ryanair Looks to Buy Property to Shelter Staff Amid Ireland Housing Crunch

There is growing concern among business leaders in Ireland over the lack of accommodation, and its impact on hiring and retaining staff. The concern is affecting industries in more ways than one.

Reuters | 5 months ago

Ryanair Looks to Buy Property to Shelter Staff Amid Ireland Housing Crunch

Hotels

Ireland’s Doyle Collection Revamps Luxury Hotel Strategy

True, Doyle Collection, a family-run luxury hotel group, is a small player. But the strategy of its new CEO Gordon Drake, who previously sold Six Senses to IHG and Fairmont Raffles to Accor, underscores what indie brands are thinking now.

Sean O'Neill | 8 months ago

Ireland’s Doyle Collection Revamps Luxury Hotel Strategy

Tourism

Middle East Airports Need $151 Billion Investment by 2040 to Meet Growing Demand

The aviation industry in the Middle East has greatly benefited from its strategically important geographical location, that enables airlines to establish easy connections to continents across the globe.

Peden Doma Bhutia | 8 months ago

Middle East Airports Need $151 Billion Investment by 2040 to Meet Growing Demand

Media and PR

Ireland Tourism Turns to Bad Sisters and Derry Girls

Tourism Ireland has successfully built its brand to attract repeat visitors over the years, and its new campaign should put it in position to finally surpass pre-pandemic revenue levels.

Samantha Shankman, Skift | 11 months ago

Ireland Tourism Turns to Bad Sisters and Derry Girls

News Blog

Irish Inbound Tourism Set to Regain 75 Percent of Pre-Pandemic Level

Ireland's overseas inbound tourism level for the year is set to hit 75 percent of 2019 levels, CEO of Tourism Ireland Niall Gibbons told The Sunday Times (London). Tourism Ireland forecasts the sector will fully recover by 2025. In 2019 Ireland welcomed 11.3 million tourists, generating approximately $6.1 billion (€5.9 billion) in revenue. The strong…

Sean O'Neill | 1 year ago

Business Travel

Ireland’s Hotels Still Waiting for International Business Travelers to Return

The continued dip in travel reinforces the message that small and medium companies are driving the recovery. At this point, it seems like the multinationals will never return to pre-pandemic levels.

Padraic Halpin, Reuters | 1 year ago

Ireland’s Hotels Still Waiting for International Business Travelers to Return

News Blog

Weak Euro Means Dollar Will Go Further for Americans Vacationing in Europe

The value of the euro is plummeting and that means Americans vacationing in Europe will see their dollars going further, CNN reported. Three tourists with a selfie stick at Rome’s Trevi Fountain The euro's falling means the dollar and euro are almost at parity, and "the UK pound is also weak: It's exchanging at $1.20,"…

Dennis Schaal | 1 year ago

News Blog

Ireland Risks Becoming Too Costly for Tourists, Says Report

The Irish Tourism Industry Confederation (ITIC) published an eye-catching report on Thursday that found that Ireland was among the top five costliest European destinations when it comes to accommodation, food, beverages, and getting from place to place domestically. That's not good news if Ireland wants to win back its full share of tourism in the…

Sean O'Neill | 1 year ago

Airlines

Ryanair’s Annual Loss Highlights Europe’s Ongoing Uncertainty

"Fragile" isn't a word you'd associate with the normally boisterous Michael O'Leary, but these are still uncertain times and this is how the boss of Ryanair perceives Europe this summer.

Conor Humphries and Padraic Halpin, Reuters | 2 years ago

Ryanair’s Annual Loss Highlights Europe’s Ongoing Uncertainty