FINANCIAL PLANNING HAS BECOME KEY TO THE RECOVERY OF THE IRISH HOTEL SECTOR
November 1st, 2017
After a bleak decade of boom-to-bust, debt and hotel closures, Ireland’s hotel sector is again in what it hopes is a sustainable growth mode as the economy rebounds. A 2017 Irish Hotels Federation (IHF) survey of hotel members showed that 91% are planning investments in capacity with 43% planning to invest in guest technology, such as broadband.
Much of the rebound is being credited to smarter financial management, according to the industry body. “Key performance indicators have become a requirement for financial institutions,” explains Tim Fenn, IHF ...
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