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