Over half of planned hotel rooms in Dublin ‘will not be built’

Fewer than half of the 5,000 hotel rooms awaiting planning permission in Dublin are likely to be built despite a serious lack of supply in the capital, the hotel industry’s main annual conference heard yesterday.

Despite the recession having decimated much of the hotel sector only a few years ago, research suggests a much greater supply of rooms is now needed in Dublin to accommodate resurgent demand.

A range of issues mean that fewer than half of those 5,000 new rooms may ever see the light of day, however, Aiden Murphy, partner with business advisory firm Crowe Horwarth, warned.