An independent report indicates that Dublin will face an ongoing shortage of visitor accommodation from 2016-2018 even though there are a
number of hotels in the pipeline. This shortfall could limit the potential for tourism growth in the longer term and threaten the city’s competitiveness as a visitor destination.
The report, commissioned by Fáilte Ireland from Fitzpatrick Associates, estimates that, after almost ten years of inactivity, a strong pipeline of new accommodation stock is set to come on stream with an additional 5,550 bedrooms projected. However, most of the new stock is not guaranteed and, in any case, will not be available until 2018 or later. Even under the most modest growth scenario, the city faces a capacity challenge over the next two years.
In the light of the growing imbalance between visitor growth and accommodation supply, today’s report makes a number of immediate and other recommendations. In the short term, the report suggests a number of corrective initiatives, including: