Prices at five-star hotels down 60% since boom

FIVE-star hotel prices are 60% cheaper than they were at the height of the boom.

This is according to the managing director of the Dromoland Collection, hotelier Mark Nolan, who said there are “astonishing rates” in the market.

The Irish Hotel Federation (IHF) backed up his claim, saying that the price at five-star hotels had fallen considerably over the last three years.