8% increase in price of hotel rooms in Dublin as occupancy rises to 70%

Hotel room prices in Dublin have risen by 7.8%, according to business advisory firm Deloitte.

Figures published yesterday by the firm show that the average rate of a room this year was €86.91 compared to €81.32 in 2011.

The actual figure earned by each room, or revenue per available room, was €60.94, up 10% on 2011.