Northern Ireland's hotel room revenues climb despite political uncertainty

'The performance of the hotel sector in Northern Ireland has been exceptionally strong throughout 2024,' the managing director at CBRE NI said

CBRE said Northern Ireland continues to experience pockets of growth, but market sentiment remains tempered by economic headwinds. File Picture: Paul Faith

Hotel room revenues in Northern Ireland have risen 8% this year, according to a new sector report from CBRE.

The increase in the first nine months, compared to the same period last year, came despite political and economic uncertainties contributing to slower activity across other sectors of the real estate market — notably investment.