Irish hotel occupancy rate rises to 81.6%, up 3.7% from last year

Irish hotels have recorded occupancy rates of 81.6% in April, a rise of 3.7% in April this year compared with April 2016. Dublin hotels, remained unchanged from this time last year, recording occupancy rates of 8%.

The data, published by STR, reports that the average daily rate of a hotel room in Ireland during April 2017 had reached €122.60. This is an increase of 7.7% compared to the previous year. During the same period, Dublin recorded a slightly lower percentage increase of 5.5%, but the average price of rooms came in more expensive at €129.04. Revenue per available room (RevPAR), or room revenue divided by rooms available, was €100.10 in the whole of Ireland in April 2017. That was an increase of 11.7% on the same period a year earlier.

In Dublin that figure was €111.01 for the same period, an increase of 5.4% compared to the same month in 2016. In the 12 months ending April 2017, activity within the hotel industry was slightly more restrained. In the whole of Ireland occupancy rates were 70.3%, the average daily rate of a room was €114.76, but the revenue per room available was considerably lower at €80.67. Those figures were all up on the previous year.

For the same period in Dublin, occupancy rates were slightly higher at 75.5%. The average daily rate for a room was €122.38 while the revenue per room available was €92.41 – an increase of 6.2% on the twelve months to the end of April 2016. Investec research suggested that revenue per room available will grow by 6.5% in Dublin by the end of 2017.

Hotel Salary Survey

Excel Recruitment are delighted to present our 2017 Hotel Salary Survey. 2016 was a phenomenal year for the Irish hospitality industry. Ireland’s food service industry experienced massive growth in 2016, reaching a record €7.5bn. 2016 was a record breaking year for visitors to Ireland, showing the number of international visitors increased to 8.8 million – up 10% on the previous year. 2017 is expected to see further growth of 4.5%, all of which means exciting times are ahead for the hospitality trade in Ireland. In terms of recruitment, the current market is incredibly competitive. It continues to be a candidates market with Chefs and HR Managers continuing to be in high demand. To see the results of our survey, please click below.

If you would like to discuss any of the findings or need advice on your staffing, please get in contact with us here. To view our current vacancies within Hospitality click here.

 

Hotel Salary Survey 2017 (2)

Grocery Salary Survey 2017

Our Salary Survey 2017 is now available.

This past year has been a curious time for the grocery industry with the uncertainty brought by Brexit and other global factors continuing to affect retailers. Fears over the minimum wage increase to €9.25 per hour which concerned some retailers, does not seem to have any major effects. The industry as a whole has weathered through successfully and Christmas 2016 was particularly good for most with shoppers spending an extra €92 million. The market outlook for 2017 is increasingly positive and over 80% of Irish employers have said they expect to be recruiting in 2017.

The ‘Gender Gap’ and disparity between the salaries paid to men and women also became a hot topic in 2016. Our research shows that no such gap exists within the retail industry, as all levels of manager are paid dependent on experience and hours worked, regardless of gender.

Excel Recruitment have been recruiting for the Irish Grocery Market for over 15 years. Our Grocery Team is comprised of former Grocery Managers, passionate about retail, who know the industry inside out. This survey was compiled and designed to give our clients and candidates a guide as to the current market prices for the various roles within the Irish Grocery market.

If you would like to discuss any of our findings, need advice on your staff planning, or assistance with your recruitment needs please feel free to contact our Grocery team here.

All Grocery Jobs with Excel Recruitment are available here.

2017 Grocery Salary Survey

 

Stellar growth for foodservice industry on the menu again in 2017

 

Ireland’s food service industry experienced massive growth in 2016, reaching a record €7.5bn. This positive trend looks set to continue next year and is expected to reach up to €9bn by 2020.The vast majority of spending is taking place in the Republic, which is responsible for nearly €5.4bn, 72%of the total. Consumers in the North of Ireland spent around 2.2bn in the last year.

The food service market includes anywhere outside the home that food is consumed including restaurants, hotels, coffee shops, workplace catering, hospitals etc.Despite the economic uncertainty brought by Brexit, the Irish food industry has weathered the storm well and the forecast remains positive. Ireland’s economy has been on the up, with strong employment levels, for the past number of years and although that growth is expected to even out to more moderate levels next year, households will still maintain an increased amount of disposable income.

The reduction of VAT on food to 9% has also stimulated the industry. In 2011, the Government reduced VAT on food and accommodation, which had the welcome effect of boosting tourism at a particularly shaky time for the industry, and the economy as a whole. Despite the recovery, the Government announced in their latest Budget, the VAT rate in both of these sectors will remain low.

Tourism has grown at a record pace this year, with 2016 seeing an increase of 13% in overseas visitors, leading to the much documented shortage in hotel accommodation. The numbers of business travellers to the country have also increased with hotels catering for conferences and events benefiting and experiencing particularly impressive growth.

A recent Bord Bia report showed that so-called ‘Quick Service Restaurants’ accounted for 34% of all revenue in the sector. Pubs accounted for 20% while hotels were responsible for 19% of the overall take. Cafes and coffee shops had a 5% market share.

Food service 2016 (1)

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