Dublin’s hotel sector has received a boost in the recent Operator Beat analysis by real estate company Cushman & Wakefield, ranking it as the third most coveted location for hotels in Britain and Ireland. The survey highlights increased optimism in the hotel industry in the region during the first half of 2023.
Cushman & Wakefield has revealed encouraging signs for hotels in Ireland and Britain. International and regional hotel operators provided their insights on the opportunities and challenges prevailing in this geographical area.
Dublin’s ranking as the third most attractive location for hotels in both Britain and Ireland is no surprise, given the city’s unique appeal as a vibrant and culturally rich destination.
Cork leads growth among all markets
While Dublin shines as a sought-after hotel location, Cork is not far behind in asserting its allure.
The survey highlights Cork’s exceptional growth as a hotel destination, outperforming all other markets since the previous Cushman & Wakefield survey in 2021. This growth solidifies Cork’s position as a thriving and attractive location for the hotel industry.
The Operator Beat analysis showcases positive trends in the hotel sectors of Ireland and Britain, with Dublin securing its place as a prime destination for hotel investments.
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By GlobalDataAs the industry continues to evolve, both Dublin and Cork stand out as cities with immense potential to cater to the needs of international and regional travellers, further driving the growth of the hotel sector in the region.
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