Up to 3,500 new hotel bedrooms will be built in Dublin by the end of 2019, with almost 90 per cent of new supply coming from new hotels. That increase marks a 15 per cent jump in supply on the existing stock.
According to research by real estate company Savills, the majority of planned developments in the next two years will take place in Dublin 1 and 2, followed by Dublin 8 and Dublin airport. The most significant percentage increase of Dublin hotel stock is expected to be seen in Dublin 2 in 2018, with an increase of 35 per cent anticipated.
Next year, over half of new bedrooms will come from new hotels while the remaining 45 per cent will come from extensions to existing hotels.