Hotels Near Dublin Port

Hotels Near Dublin Port – 24 hotels to be developed in Dublin over the next two years The new hotels, offering a total of 4,500 rooms, will open by the end of 2023

According to new figures, 24 new hotels with 4,500 rooms will be delivered in Dublin by the end of 2023.

According to property adviser Savills Ireland, the pre-Covid market remains undersupplied despite a significant increase in the number of hotels being built in the capital in recent years.

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This reportedly resulted in high room occupancy and low accessibility, which damaged the city’s reputation and competitiveness with other European destinations.

“With local and domestic tourism expected to return to pre-pandemic levels over the next two to three years, the increased supply of hotel rooms in Dublin will provide good value and choice for Irish tourism,” said Tom Barrett, director of hotels and leisure at Savills.

According to the company, it is expected to reach 2100 rooms by the end of this year, 1600 in 2022, and 800 in 2023. This figure represents a 50 percent increase in the 3,000 rooms delivered between 2018 and 2020. .

Among the new hotels opening in the capital this summer are Hampton by Hilton Four Courts; Beckett Locke, next to 3Arena; Keavan’s Port Hotel, owned by Weatherspoons, on Wren and Camden Streets, between Grafton Street and Dame Street in central Dublin.

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The four-star Holiday Inn Dublin Airport and the Zanzibar Locke are the only two new hotels to open in Dublin since Covid-19 hit Ireland 17 months ago.

According to Savills, Dublin hotel occupancy for the first six months of 2021 is 20 per cent, with full year occupancy expected to rise to around 30 per cent – down from 82 per cent in 2019. This ratio is the same as this. as seen in many other cities, it is actually much higher than in Amsterdam, Lisbon, and Prague, where the rate is between 10 and 14 percent.

Dublin fared less well than cities in England, but Liverpool, Edinburgh, Manchester and Birmingham all had occupancy rates of 30 per cent or higher. In London, the occupancy rate for the first six months of the year was 29 percent.

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