Jim Murphy - PREM Group’s Managing Director
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Ramada Plaza Liege feature on national news

Ramada Plaza Liege was featured recently on RTL ,the Belgium french speaking broadcaster . For the next few weeks the hotel is home to the Jury and Judge of a major court case in the city . The news coverage profiled the hotels refurbished rooms as well as a interview with our GM Mr Louis Sohl . In this video clip you can marvel at Louis’s grasp of the french language ,not bad for a Dutch man !!!

Author: jmurphy | Posted on 24. February 2009 at 18:24 pm | Filed in General, Prem Group in Europe | 0 Comments

Hotel Asset Management Services

hams.ppt Over the last few months we have seen a lot of hotels go into receivership or administration. In most cases the banks have taken steps to protect their investment and have taken control of the business. There is a real need in the current economic climate for a hotel management service to operate distressed hotels. Most of these hotels will be taken over by the bank who holds the debt on the property. In order to get these contracts it is important to get in front of the right people in the different banks. PREM Group have set up a joint venture with a professional consulting firm Amethyst to create Hotel Asset Management Services. Amethyst is headed up by Mr Ronan King who is a former partner with BDO Simpson Xavier and is a trained insolvency specialist .Over the last few weeks HAMS has met with the major banks in the Irish market . We are optimistic that a number of opportunities will materialise from these meetings. HAMS will be looking at short term contracts to manage distressed hotels with a view to stabilising the business, adding value and sharing in any upside in value when the property is sold in the future. Independently, PREM Group will continue to pursue normal long term management contracts in hotels that are not distressed. HAMS is making itself available to operate hotels in Ireland, England and Northern Europe.The attached presentation will give you some more information on HAMS. 

Author: jmurphy | Posted on at 12:37 pm | Filed in General, Prem Group Ireland, Prem Group UK, Prem Group in Europe | 0 Comments

Report tells us what business travellers want

We have being reviewing our business over the last few months through a series of brain storming sessions . The main premise of these sessions has been to identify what added value service could we give to our business customers . One of the main feedback we got from our GM’s is that our customers are looking for good Internet connectivity . We already offer free Wi-Fi in our Irish and UK Hotels ,but as a result of these sessions we now provide the same service in our Belgium Hotels . With this in mind I was very interested in the following report when it landed in my inbox .
Amadeus, a leading provider of technology to the travel and tourism industry, is today launching a report commissioned from the Economist Intelligence Unit, into the effect of the economic downturn on executives’ choice of hotel. Titled, “The Austere traveller - the effect of corporate cutbacks on hotels”, the report finds that executives will make fewer, shorter and cheaper business trips in 2009 and prefer basic efficiency and good service over ancillary services. Fully one-fifth of the 354 executives who responded to the survey in Asia, Europe and North America thought an internet connection was more critical than a quiet room.

“We are entering an age of visible austeritywith regards to business travel,” said Antoine Medawar, Managing Director, Amadeus Hospitality Business Group. “With the eyes of their organisations and shareholders upon them, executives are anxious to make business trips as productive as possible. Forget gyms and restaurants; instead concentrate on efficient check-in and check-out and internet access. Good Wi-Fi connectivity is now rated above any other extra. There is a flight to trusted brands and the expectation of a common level of good service no matter where you are in the world.”

61% of executives surveyed said a trusted brand with uniform levels of service across locations would be a decisive factor when choosing a hotel in 2009.

When asked which features they simply could not do without, business travellers were impressively devoted to productivity on the road: internet connectivity is indispensable to more business travellers (76% of respondents) than a quiet room (56%), good transport links (54%) or central location (52%). 

These findings suggest that business travellers measure value by price and guaranteed uniform service and efficiency. Respondents cited efficient check-in and check-out (68%), flexibility to change requirements (64%) and rapid resolution of problems (59%) as the best indicators of good hotel service. Almost a third (29%) also appreciate hotels which remember their preferences.

“It is clear business travellers’ expectations are changing,” said Bill Ridgers, chief analyst for travel and tourism at the Economist Intelligence Unit. “Economic pressure means executives care less about extras and are instead concentrating on whether hotels deliver on the simple things. In an age of increasing time pressures, security fears and greater bureaucracy - when the conventional wisdom sometimes seems to be that business travel has become something of a chore - perhaps the most heartening finding of the research is that executives still enjoy and see the benefit of travelling for work.”

Author: jmurphy | Posted on 17. February 2009 at 13:04 pm | Filed in General, Prem Group Ireland, Prem Group UK, Prem Group in Europe | 0 Comments

More trips abroad than visitors in 2008

  • Today’s Central Statistics Office release for December shows that for the first time in 18 years, trips overseas by Irish residents exceeded the number of trips to Ireland.  But curiously the difference is tiny.  The Irish made 7.877 million trips abroad, while 7.839 million overseas visitors came here.
  • Overall visitor numbers to Ireland last year were reported down by 2.2%, with Britain showing a 4% drop and the U.S. an 8% decline.
  • Visitor numbers for 2008 by the top 10 markets were:
    Britain -4%
    U.S. -8%
    Germany +5%
    France +4%
    Poland -5%
    Italy -11%
    Spain

    Same as ‘07
    Netherlands -2.5%
    Australia +12%
    Canada +18%
  • Overseas visitors in December itself were down by almost 4%, with Britain down just 1%, North America down 9% and Continental Europe down 7%.  But December is a quiet tourism month.
  • Rather than using the “game of two halves” cliché, perhaps we could look at visitor numbers for 2008 as a year of “four quarters”:
    Q1 +4.4%
    Q2 +1.3%
    Q3 -6.5%
    Q4 -5.2%
  • That rather accurately mirrors the deteriorating economic climate in our principal overseas markets last year.
  • But, just like the banking business, while the past is interesting to talk about, it is the future that matters now.  While much over-used, the word challenging still best describes the period ahead.  Given Ireland’s total dependence on sea and air access, perhaps choppy, or turbulent, might even be appropriate.

Author: jmurphy | Posted on 12. February 2009 at 13:36 pm | Filed in General, Prem Group Ireland | 0 Comments

WINTER SUCKS !

wintersucks.wmv

Those of us who have endured the Arctic winter conditions over the last few weeks will appreciate this video ! Roll on the spring .

Author: jmurphy | Posted on 10. February 2009 at 19:23 pm | Filed in General, Prem Group Ireland, Prem Group UK, Prem Group in Europe | 0 Comments

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