Tuesday February 18, 2020

Surge in international interest could power aparthotel revolution

Supply of short stay apartments for the tourist and corporate markets looks set to increase fourfold in Dublin

18th February, 2018
5
A computer rendering of TIO’s planned aparthotel at 91-94 North Wall Quay, Dublin 1

Supply of short stay apartments for the tourist and corporate markets looks set to increase fourfold in Dublin, with more than 2,600 units in the pipeline in 13 new aparthotels which could cost up to €200 million to build.

Such increased supply will also compete with the hundreds of private owners who let their apartments let through Airbnb.

The upsurge in aparthotel supply reflects both the greater profitability of aparthotels compared to traditional hotels and the lack...

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