The rate of hotel occupancy in Dublin has increased over the years and was forecast to reach 84 percent in 2018. Dublin is the most popular region of Ireland for overseas tourists. The Irish city attracted close to six million tourists from overseas in 2017 in addition to domestic visitors. The high volume of hotel arrivals puts occupancy rates are on par with other major European cities.
Dublin hotel prices continue to rise
As occupancy rates rise, hotel prices in the city are expected to follow suit. The average daily hotel room rate of Dublin hotels was predicted to increase to 147 euros a night in 2018. Naturally this also has a positive impact on the revenue per available room (RevPar) which was forecast to amount to 123 euros.
Is tourism from the UK declining?
Despite growth in the Irish tourism industry, arrivals of tourists from the UK showed a small decrease in 2017. Great Britain and Northern Ireland are among the main inbound markets visiting Ireland, along with the United States. Spending of visitors from North America and mainland Europe is increasing, helping to balance the impact of any further decline in UK tourism.
Occupancy rate of hotels in Dublin from 2011 to 2018
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PwC. (March 6, 2017). Occupancy rate of hotels in Dublin from 2011 to 2018 [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/545244/hotel-occupancy-rate-dublin/
PwC. "Occupancy rate of hotels in Dublin from 2011 to 2018." Chart. March 6, 2017. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/545244/hotel-occupancy-rate-dublin/
PwC. (2017). Occupancy rate of hotels in Dublin from 2011 to 2018. Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/545244/hotel-occupancy-rate-dublin/
PwC. "Occupancy Rate of Hotels in Dublin from 2011 to 2018." Statista, Statista Inc., 6 Mar 2017, https://www.statista.com/statistics/545244/hotel-occupancy-rate-dublin/
PwC, Occupancy rate of hotels in Dublin from 2011 to 2018 Statista, https://www.statista.com/statistics/545244/hotel-occupancy-rate-dublin/ (last visited May 25, 2022)