The construction of a new terminal-linked four-star, 11-storey hotel, built adjacent to Dublin Airport's Terminal 2, will begin next October and result in the creation of 400 new jobs.
The hotel, which has already received planning permission, will comprise of 402 bedrooms and will be the fourth largest Irish hotel when it opens in 2019. The new property will have a total floor area of 22,840 square metres and its own bar, restaurant, cafe and conference facilities.
Savills Hotels & Leisure are to seek expressions of interest for the development and operation of the new hotel, with the successful bidder having to operate it for a specified period of time before transferring the hotel back to the daa at the end of the agreed term.
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Dublin Airport managing director Vincent Harrison said: "There is significant demand for a new terminal-linked hotel at Dublin Airport and this development will benefit not just the airport but the city and region as a whole as Dublin needs more hotel beds. This new hotel will offer extra choice and convenience to passengers and to the many companies that are based on the Dublin Airport campus. It will also provide much needed additional hotel capacity for the entire Dublin region."
Savills Ireland director of Hotels & Leisure Tom Barrett added: "This is a hugely exciting project. If this hotel was trading today, it would be one of the strongest performing hotels in Ireland. Given the unique high profile location and the quality of the offering we anticipate strong interest from developers, investors, hoteliers and brands."