In the early part of 2025, there were a total of 11,500


bedspaces under construction across Ireland - of which hotels accounted for 80 per cent, with the top projects in Dublin including Sofitel Hotel Dublin Airport with 412 (1,000 beds) rooms and Hilton Home 2 Suites with 296


rooms (700 beds). Tere are a further 36,250 bedspaces with plans granted (early 2025) across 333 projects.


Te government will also develop a Tourism


Accommodation Strategy, which will focus on managing the rapid growth of short-term lets whilst also boosting the hotel supply. A housing policy, Short-Term Letting and Tour-


ism Bill General Scheme, was approved in April last year, and new rules apply from May this year. It requires hosts offering accommodation for 21 nights or less to register the property via Failte Ireland. All registered properties have a code that they must display on advertising Meanwhile, there are plans to develop more


tourism accommodation. Currently, there are around 353,250 (2025) beds in Ireland with a target to increase this to 357,650 by 2030. Of this, 45 per cent are hotel beds (160,300) and 38 per cent holiday lets, with the remaining held by outdoor or hostel accommodation. Dublin has the majority with 29 per cent, followed by Kerry with 10 per cent. Due to Ireland’s structural housing shortage,


to house an influx of refugees in Ireland, the Gov- ernment has relied on hotels for inventory. In 2024, Failte Ireland reported that 28 per cent of all registered tourism bed stock was contracted


to the state. Tere is a call for this to be transitioned back for tourism use over time. In the meantime, new hotels are being built.


Dublin is an active hotel investment market, and total hotel transaction volume in the city reached €890m in 2024. In the early part of 2025, there were a total of 11,500 bedspaces under construction across Ireland - of which hotels accounted for 80 per cent, with the top projects in Dublin including Sofitel Hotel Dublin Airport with 412 (1,000 beds) rooms and Hilton Home 2 Suites with 296 rooms (700 beds). Tere are a further 36,250 bedspaces with plans granted (early 2025) across 333 projects. Te year 2024 saw €1bn transaction activity in the hotel market, whilst the first half of 2025 saw €340m in activity, with the highest price of €86m paid by Deka Immobilien for the Ruby Molly Hotel in Dublin followed by €83m paid by Dalata for the Radisson Blu Airport Hotel.


ECONOMY AND INFRASTRUCTURE Current President Catherine Connolly was elected in October last year and became the 10th President, whilst Prime Minister (Taoiseach)


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