Thousands of new hotel rooms have entered the capital in recent years, yet occupancy rates have remained high.
The imminent opening of the luxury Sofitel hotel at Dublin Airport and the arrival of the Hoxton points to strong demand in cities, but regions are struggling to make the capital investment work for new-build hotels.
This is a case of the State using the country’s balance sheet to insulate domestic businesses from international shocks — using international money. This model, as we know, is unsustainable.
Stars such as Harry Styles are visiting fewer cities, so fans have to drum up additional money for travel and lodging, writes Elias Leight, The Wall Street Journal.
The markets are buckling up for a long-run spike in inflationary pressures. In the US, bond vigilantes have seized control of policy from the White House and the Fed.
As Ireland marched towards its modern-day confident self, a rugby club emerged into what is now MU Barnhall. For those who have been there for decades, this year’s Six Nations closed the loop.
As multinationals continue to support the domestic economy, one must wonder – when will cost-of-living concerns become a drag on Irish businesses' growth?
US policies and AI valuations mean economic seas are getting rougher, technological shocks are getting harsher and geopolitics are smashing economic policies’ doors. Welcome to the second year of the new era.
Reliance on US multinationals, risky energy supply, and low defence spending are all symptoms of insufficient adptation to the new world order among Irish political leaders.
The US is claiming “victory” over a side deal to the OECD minimum tax agreement until the end of the Trump presidency. Ireland will find it hard to resist the temptation of spending the money while it has it.
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