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Castleknock Hotel and Golf Club, Ireland.
What did Hotel Solutions Partnership achieve for the client?
In 2009 and again in 2010, The Hotel Solutions Partnership Ltd reviewed the Casteknock business with a view to commenting on the achievability of a Euro 1.6 M EBITDA.
Several recommendations were made and implemented and the hotel is now achieving Euro 3 M in EBITDA. Now, in 2014, the client has again approached Hotel Solutions Partnership Ltd (HSP) to assist in finding ways to manage revenue more efficiently and focus the hotel’s management team on growing profits over the next 3 years.
Castleknock Hotel and Golf Club is a 4-star country hotel located about 2 kilometres from Castleknock Village between The Phoenix Park and Blanchardstown in Ireland. It was officially opened in April 2005.
In 2009 the hotel was losing money and the bank wanted the owner, an Irish Insurance Company, to seek assistance from a specialist hotel consultancy. Hotel Solutions Partnership was recommended by DTZ, who had valued the hotel for the bank.