Hotel sales up in Northern Ireland

Hotel News - 09/08/2012

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New figures have revealed a substantial rise in hotel room sales in Northern Ireland.

The news comes via a new report issued this week by the Department of Enterprise, Trade and Investment (DETI), which revealed that the number of rooms sold in June of this year was nearly 11 per cent higher than the same period one year prior.

In total, there were some 178,000 rooms sold in Northern Ireland during the month, coupled with a 78 per cent occupancy rate, marking an 8 per cent increase from June of 2011.

Bed and breakfast and guesthouse properties saw some of the most impressive performance, boasting a 15 per cent rise from last year.

Likewise, the number of total rooms sold for the first half of the year is also up, marking a 7 per cent year-on-year increase. Experts say that the figure suggests that the increase in sales likely happened during the latter half of the period as a result of the launch of Titanic Belfast, which saw taxpayer-funded investments of around £100 million in the effort of boosting tourism in the region.

DETI Officials said that Belfast area properties saw growth rates higher than the whole of Northern Ireland, although the north west reported a decrease of 1 per cent.

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