Sales rose 12% at The InterContinental Dublin last year, with its profits increasing by a similar amount.
Tapering Projections
The Irish Independent quotes The InterContinental Dublin's general manager, Nicky Logue, as saying, "It's fair to say that this hotel, like most hotels in Dublin recently, has done very well with double-digit growth in the last number of years.
"But this year we are tapering our projections. There is some 'normalising' going on in the market. Although we have seen double-digit growth in the last few years, we are definitely looking at single-digit growth this year, probably around 5%."
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.