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Business...at a glance - November 17th

 

 

Major recognition for Louise’s Beauty Studio

 

Congratulations to Louise of Louise’s Beauty Studio in Roscommon town following recognition as one of Ireland’s top Repechage skincare salons!

  The Repechage head office in America recently selected some of their top salons from across Europe and the USA to feature in a short video at a major conference in New York, this coming December – and among them was Louise’s Beauty Studio in Roscommon.

  The salon has stocked Repechage seaweed facials, body treatments and amazing products for over fourteen years.

  Proprietor Louise Conneally-Dowd told the Roscommon People she is “thrilled” with this award.

 

‘Titanic boss jumps ship’

 

 

A contender for headline of the week appeared in the Business Section of the Irish Times which reported on an impressive new ‘signing’ by Westport House and Hotel.

  Under the headline ‘Titanic boss jumps ship for Hotel Westport’ the paper continued: “The boss of one of Belfast’s top tourist attractions is jumping ship to become the new chief executive of Westport House and Hotel in Westport in Co. Mayo next year.”

  Tim Husbands is the man in question. Having overseen the huge success of the Titanic attraction, Mr. Husbands is now heading West. Quite a coup for Westport!

 

Rents rise in Roscommon

 

Rents rose nationwide by an average of 11.2% in the year to September 2017, according to the latest quarterly Rental Price Report by Daft.ie.

  The average monthly rent nationwide during the third quarter of 2017 was €1,198, the sixth quarter in a row a new all-time high has been set.

  The rate of inflation represents a slight slowdown in inflation from the rate recorded in the second quarter of 2017 (11.8%); the largest on record was the 13.5% increase recorded in late 2016.

In Dublin, the increase in rents in the year to September 2017 was 12.3% and rents in the Capital are now almost 23% higher than their previous peak in 2008, or €330 a month. The annual rate is unchanged from the second quarter and this is largely true of rents in the other major cities.

  In Cork, rents rose by 5.3% in the year to September, while in Galway, rents were 9.8% higher than a year previously. In Limerick city, rents rose by 10.9% during the past twelve months, while in Waterford the increase was 8.5%. Outside the five main cities, rents have risen by 10.8%.



  In Roscommon, rents were on average 7% higher in the third quarter of 2017 than a year previously. The average advertised rent is now €613, up 24% from its lowest point.

 

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