Commercial Property
Checking in on the state of the hotel sector in Dublin
Global uncertainty and a spike in construction cost inflation have some experts suggesting Dublin’s hotel market may have to cool its heels or opt for ‘leaner’ boutique-style lodgings
Ireland’s hotel sector made a strong recovery last year, emerging from a turbulent two years due to the Covid-19 pandemic. Boosted by a pent-up appetite for travel and a strong line-up of scheduled events, visitor numbers thrived.
While demand for hotel bedrooms continues to remain strong and new international operators continue to enter the Irish market, experts differ on the outlook for the hotel bedroom development pipeline.
Paul Mitchell of consultants Mitchell McDermott (MM) said ...