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Boutique seafront hotel

Reference
S12117
Turnover
£1m to £2m
Sector(s)
Hotels & restaurants, Leisure, Miscellaneous
Region(s)
Outside UK
Added
26 November 2024

Business description

This highly successful boutique seafront hotel is situated on the South Coast of Ireland providing guests with expansive views, spacious rooms, and a renowned bistro dining experience.

Established in 1999 and managed under hands-off ownership since 2006, this beloved hotel has become a staple for both leisure and business travellers alike.

With over 25 years of experience, this business boasts high customer satisfaction, reflected in its 4.5-star ratings on TripAdvisor and Google Reviews. It enjoys regular repeat bookings from both leisure and business guests, bolstered by 90 to 100 annual cruise ship visits. As a result, the hotel maintains a consistently high occupancy rate of around 90%.

Despite minimal marketing efforts and a lack of social media presence, the business has demonstrated impressive growth. Turnover increased from €1,826,549 in 2022 to €1,947,145 in 2023, largely due to word-of-mouth referrals and the company's robust regional presence. This success highlights the potential for even greater financial performance with improved marketing strategies.

The recent planning permission for additional rooms offers a clear pathway for future expansion. Additionally, to further boost brand visibility and attract new customers, the new vendor should focus on strengthening its marketing efforts.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2024 (Actual) 1,947 426

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