Hotel revenue per available room (RevPAR) in Ireland has registered a "positive" start to 2019, according to analysts at Davy Stockbrokers. Hotel revenue per available room (RevPAR) in Ireland has registered a "positive" start to 2019, according to analysts at Davy Stockbrokers. Hotels in both Dublin and regional Ireland have reported positive RevPARs in January, despite a 4.5pc VAT headwind. The Government’s the decision in last October’s Budget to raise the VAT rate for the hospitality industry to 13.5pc from 9pc came into effect on 1 January. In regional Ireland, RevPAR increased 4.9pc in January, with occupancy up 0.5 percentage points and average daily rate up 3.9pc.

Source: Irish Independent February 20, 2019 09:10 UTC