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The rate of hotel occupancy in Dublin has increased over the years and was forecast to reach ** percent in 2018. Dublin is the most popular region of Ireland for overseas tourists. The Irish city attracted close to * 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 *** 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 *** 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.