Ireland experienced a stellar tourism performance in 2015 with record numbers of overseas visitors, a 5th consecutive year of RevPAR growth recorded for Dublin hotels and further growth predicted for the sector in 2016. Occupancy levels for hotels in Dublin city centre are now over 80%, which means that there is an immediate requirement for new room supply in the core city-centre market. In this article we will look at the underlying drivers of this recovery and government initiatives which have supported the sector, how Dublin's hotel performance compares to other European cities and the growth projections for the sector.

About Horwath HTL

Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.

For more information, please visit www.horwathhtl.com.

Sophie Rayner
Global Marketing Manager
Horwath