The construction of this 402-room property- which will be the biggest in the country- will begin in October 2017 near Terminal 2. Airport authorities are now looking for its future operator.
Across the entire European continent, Dublin Airport is the one with the strongest growth curve in recent years. Increasing numbers of Europeans, in particular, are taking advantage of low cost flights to visit the birthplace of Ryanair. This popularity is reinforced by the opening of many flight connections: Dublin airport reached a record of 25 million passengers last year (+12% in the first months of 2016), and its arrivals could increase by another 50% in the next five years.
The current development of Irish tourism should be convincing for hotel groups. According to Vincent Harrison, Managing Director of Dublin Airport, "There is significant demand for a new terminal-linked hotel at Dublin Airport and this development will benefit not just the airport but the city and region as a whole as Dublin needs more hotel beds." According to Fáilte Ireland, the number of nights in commercial accommodations in Dublin has increaserd significantly between 2013 and 2015, growing from 8.1 million to close to 9.6 million. The occupancy rates at hotels in Dublin have increased 15 points since 2010, while the capacity of the hotel supply in Ireland's capital has decreased by 6%.
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