Following the news that developer Johnny Ronan has received permission from An Bord Pleanála to proceed with the construction of his proposed 22-storey tower on Dublin's Tara Street, which will be capable of accommodating a 106-bedroom hotel, it is now being reported by The Irish Times that Dan O'Connor of JLL's hotel and hospitality division has been instructed by Ronan Group Real Estate to secure a major hotel company to operate at the development.
Potential Need For Further Planning Permission
The proposed building's hotel is planned to occupy floors one to four of the development and extend to 4,455 square metres. However, according to The Irish Times, a source familiar with the matter said that many of the international hotel companies that are understood to have expressed an interest in opening a new hotel in the building usually look for properties that have the capacity to provide up to 300 bedrooms. As a result, the building's hotel configuration could end up requiring further planning permission.
It is understood that Standard Hotels, Hoxton, Ace, the Dream Hotel Group and Virgin Hotels are among the parties who are interested in operating in the building.
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© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.