On-trade

Q2 Dublin pub sales showing more ‘activity’

 

 

 

This has been fuelled by very strong trading conditions and the improved availability of funding, according to commercial property specialists CBRE Ireland which recently released its latest bimonthly property market report for the six months to July.

“We are now in the midst of the busiest tourist season of the year following an increase of more than 6%, to 2.027 million, of overseas visitors to Ireland in Q1 2019,” stated the report’s author, Executive Director & Head of Research at CBRE Ireland Marie Hunt, “This bodes well for the hotel sector of the property market, where demand remains high and is likely to increase further as a result of new reforms to regulate short-term tourism-type lettings in Rent Pressure Zones, which came into effect on July 1st.”

CBRE’s John Ryan told Drinks Industry Ireland that there has been a real uplift in the level of enquiries for pubs.

 

 

 

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