Wednesday 23 January 2019

Hotel rates down 60pc

LUXURY hotel prices have plummeted by a massive 60pc from figures at the height of the boom.

The Irish Hotel Federation has supported the claim by managing director of the Dromoland Collection, hotelier Mark Nolan, who said there are "astonishing rates" in the market.

Mr Nolan said that in Celtic Tiger days, a couple looking to take a two-night weekend break in one of the group's five-star hotels would fork out at least €1,000 while now that same holiday would be closer to €400.

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