The tender process for the development of a four-star hotel adjacent to Dublin Airport's Terminal 2 is to be restaged by the Dublin Airport Authority due to a "tight planning window" preventing the completion of the original tender, which was launched at the end of 2016.
Planning permission currently exists to construct a 402-bedroom, 11-storey hotel between Terminal 2 and its short-term car park, but the fact that the permission is due to expire in March of 2019 would mean that any potential buyer would be required to complete construction of the venue before then.
A spokesperson for the DAA said, "The DAA went to the market in relation to this project in late 2016 and there was significant interest from a number of parties. However, it proved impossible to conclude an agreement due to the tight planning window.
"This is one of the best locations in Ireland for a hotel and DAA is expecting strong demand for this opportunity from both domestic and international groups."