Jim Murphy - PREM Group’s Managing Director
Welcome at » 2009 » January

Irish Hotels Federation participate in social partnership discussions

The IHF are actively involved in the social partnership discussions . This week  they released there submission to the government on how to best tackle the current difficult economic challenges facing the country .  This is the best thought out plan on the economy that I have seen and the Government would be wise to take on board the suggestions . Some of the IHF proposals are as follows:

-A gradual reduction of 25% in the public sector pay bill

-Freezing of social welfare payments for 3 years

-Substantial reduction in non-pay public expenditure

-Prohibition on all public sector price and charge increases for the next three years

-Range of measures to improve immediate flow of credit to enterprises to reduce the rate of business collapse

-easing of regulatory rules for small and medium enterprise’s and VAT exemption level to be increased to €150k

 There is a lot more in the submission which can be sourced at www.ihf.ie

Author: jmurphy | Posted on 30. January 2009 at 13:11 pm | Filed in General, Prem Group Ireland | 0 Comments

Conference calls

videoconference.wmv 

Given the growth of PREM Group into the UK ,Belgium and France over the last few years ,conference calls have become a way of life for all of us . On a daily basis there seems to be a conference call happening throughout the company . this is set to continue as we look to expand in Northern Europe over the coming years . With the increase in conference calls we have seen a huge increase in the costs and given these recessionary times we have been looking at ways to reduce the cost of these calls . The latest plan is to make these calls on SKYPE ,it will be interesting over the next few weeks to see if this system can work in a business environment like hours with people dialing in to a conference call from multiple locations . At least we avoided the temptation to go down the video conferencing route . One of my favourite adds of all time is this one which highlights the pros and cons of video conferencing ,it is also one of the funniest adds around . Click on the link above and enjoy .

Author: jmurphy | Posted on 22. January 2009 at 12:47 pm | Filed in General, Prem Group Ireland, Prem Group UK, Prem Group in Europe | 0 Comments

Days Hotel Waterford open new Leisure Centre and Spa

Days Hotel Waterford is delighted to announce the opening of its new leisure club and spa – the Spirit Health, Leisure and Beauty Centre. The state-of-the-art leisure centre houses a 20 metre swimming pool, sauna, Jacuzzi, spa as well as an extensive range of cardio and resistance equipment – perfect for anyone who wants to shape up in the New Year.In particular, the gym boasts the only Ab-coaster outside Dublin which is currently the hottest training device for toning your stomach as it specifically works on the oblique muscles and the lower abs – ideal for getting rid of the post-Christmas bulge. Swimmers will also not be disappointed with the 20 metre swimming pool which has graduated entry and exit by way of railed step and a hoist for guests or members who may require this facility. For the less sporty and those who want to detox after the festive season, guests and members can avail of the luxurious and indulgent Spirit Spa which uses world-class Elemis products. The Spa is your very own peaceful haven to which you can escape from the pressures and stresses of everyday life. Key features of the spa include a dry floatation bed which is the ultimate in relaxation. Thirty minutes of dry flotation is the equivalent to two hours for traditional rest.  The spa also boasts an aroma therapy steam room, mud bath, herbal sauna, tropical and drench showers as well as a range of classic beauty treatments such as facials, massage and body wraps. The spa also caters for men with a range of specific male treatments on offer. Commenting on the opening Barry Twomey, general manager, Days Hotel Waterford says that the new health and leisure club has something for everyone. “The Spirit Health, Leisure and Beauty Centre is the ideal place to kick start your health regime for the New Year or simply detox and relax after the excesses of Christmas. Our new leisure centre has unrivalled facilities in Waterford and we look forward to welcoming new members in 2009.” 

Author: jmurphy | Posted on 8. January 2009 at 09:18 am | Filed in Prem Group Ireland | 0 Comments

A New Year and New Opportunities

I want to wish you all a happy and prosperous New Year . Lets hope it is prosperous because all this talk of recession is really beginning to get people down . We have to try and be positive ,a lot of what is going on around us is beyond our control ,we can only have an influence on the things that are within our own space . We can only manage what is in front of us and in PREM Group we are focused on the opportunities that are available to us .

Now that most of us are back at work following the Christmas break ,except the politicians  of course , most people I talk to seem to have spent the holidays relaxing ,recharging the batteries and preparing for the challenges that 2009 are going to bring . Thats how I spent the break except for three hectic days in London with the family . London is one of the great cities of the world and I enjoyed seeing the city again as a tourist . With the weakness of sterling and the recent VAT reductions England is great value at the moment . Whether the UK Government meant to devalue Sterling ,or not, it certainly has given a boost to business . London was packed with European tourists ,all the major tourist attractions were experiencing volumes normally only seen in the summer . On Oxford street is was difficult to walk on the pavements with the crowds shopping .There is a feeling in the UK that 2009 is going to be a bumper tourism year  . While there may be some fall off in corporate business ,visitor numbers are going to be up . Having said that our property’s outside of London have got off to a positive start to the New Year and corporate bookings are holding up for January .Their is a sense in the UK that ,while things are bad , the UK Government is pro active in providing whatever stimulus that is necessary to boost that economy .

Returning to Dublin ,the optimism we saw in London is nowhere to be seen . There is a real sense of negativity in the air ,daily reports of job losses don’t help . A lack of clear direction and leadership from our Government is a cause of grave concern . In our industry we are seeing hotels panicking and dumping room stock on to the market . Today I was able to buy a 4 star hotel room in Dublin for €20 ,that’s a double room for two persons sharing . Before the hotelier gets this money €1.50 commision is given to the booking engine ,that leaves €18.50 for the hotel which then has to remove VAT before paying for light,heating,linen,toiletries,staff ,etc,etc. This sort of  madness is counter productive and will only serve to damage the hotel business in the long run . But we are in a crisis and people need to do what the think is right in order to save there business . We are not against discounting rates ,but not to a level that the basic cost of serving the room is not been covered .

In situations like this we need leadership and the man on the street knows that ,yet we appear to have a government that is out of touch with what is happening on the ground .The Government need to show that , while things are bad , they are in control of the situation . They need to regain the confidence of the general public.I listened to Taoiseach Brian Cowan (Prime Minister for the benefit of our non Irish friends ) on the radio last Sunday and in over the course of an extensive interview I heard nothing that would give me confidence that he knew what he was talking about when it came to the economy .

One of the best commentaries on the Governments performance this week came from small and medium business group, ISME. They have called on the Government to show decisive leadership in dealing with the deteriorating economic situation.

It warned that there was no time left to build consensus in the light of the appalling exchequer figures and swift action was required to stop the headlong rush to economic ruin.

According to ISME Chief Executive, Mark Fielding, ” the reported tax revenue shortfall of E8 billion clearly shows that the economy is a ’shambles’ and the business sector expects an immediate action plan to get us out of this mess. What has been received to date is a mishmash of aspirations based on never-ending discussions with the Social Partners.”

“The Taoiseach must realise that the ‘Unelected Social Partners’ represent only a fraction of the population and the process slows down needed decision making for which he and his Government were elected. No other Country in the world would concede such authority to a grouping that does not, nor could not represent the majority of the population.”

“Business confidence is being drained and 2009 projections showing a worsening position, urgent action is required to introduce policies that will have immediate benefits for the economy. By consulting with the Social Partners on each and every issue, valuable time is being wasted, companies are going to the wall and jobs are being lost.”

In conclusion, the Association outlined that the SME business community, which has been particularly badly hit by the dramatic downturn has lost its patience. It expects an immediate consolidated action plan, based on the requirements of the overall economy and driven by the elected Government. Any further delays will only exacerbate a problem that continues to deteriorate on a daily basis.

Hopefully for the sake of all of us in business the Government will heed the advise offered by ISME .

 In the meantime ,we in PREM Group are fortunate that our business is spread over Ireland ,England ,Belgium and France . We plan to grow into the recession by seeking new hotel management contracts in these four regions and beyond . We are not going to sit around waiting for government action ,instead we will manage what we have control over and take every opportunity that comes our way to ensure that PREM Group not only survives this storm but becomes a bigger and stronger company as a result .

.

Author: jmurphy | Posted on 7. January 2009 at 11:06 am | Filed in General, Prem Group Ireland, Prem Group UK, Prem Group in Europe | 0 Comments

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