Dublin hotel room revenue grows

Dublin hotel rooms had the second highest growth in revenue per available room in a survey of 19 European cities last year, according to PwC.

However, growth will moderate this year with Dublin expected to come sixth in the same survey.

PwC estimates that revenue per available room (RevPAR) growth in 2012 was 13.9%, which made it second to St Petersburg among 19 European cities. However, in line with the rest of Europe, this year Dublin hotel room RevPAR is forecast to grow at a much slower 3.1% on the back of anaemic economic growth.