The organisers of the Rose of Tralee have said that they intend to make a bid for the current home of the festival.
The Rose of Tralee Festival has been held in the Fels Point Hotel in Tralee since 2007.
Executive chair of the company behind the festival, Anthony O' Gara said that: "such a move would be key to the long-term devlopment and viability of the festival in Tralee.
"Ownerhsip fo the hotel would be a re-requisite for the devlopment of a permanent dome on the adjacent Fels Point site. If the bid is successful, it would allow us to unlock the full potential of the festival."
It is believed that the company has secured backing for the bid but further details have not been revealed.
O'Gara added that if the company is successful with the bid, the hotel could be rebranded the "Rose of Tralee Hotel".