There are already 22,800 hotel rooms in Dublin, about 12,500 of which are in the city centre, estimates CBRE. However, Dave Murray, a director at CBRE’s hotels division, argues that Dublin has been under-supplied with hotels for years. “There were hardly any new hotels introduced to the Dublin market between 2008 and 2016,” Murray says. Post-Covid, they will work from home on Mondays or Tuesdays, and stay in a city hotel the rest of the week.” Murray says. There are already signs of renewed confidence in the Dublin hotel market from both investors and operators.

Source: Irish Independent May 23, 2021 01:30 UTC