67% of hoteliers expect an improvement within 3 years

Two-thirds of hotels are confident that they will see an improvement in the performance of the Irish hotel sector over the next three years, according to new research produced for AIB.

In the second of the ‘Outlook Report’ series, the bank examined the hotel sector and found that 67% of hoteliers are confident that the tourism sector will improve within the next three years.

Amárach Research, who examined the sector on behalf of AIB, found that while 26% of hotels had seen their turnover fall, 54% had reported a growth in turnover last year.