Dublin City Council's been given planning permission for a new hotel in the south inner city.
The 230 bedroom development will be built on Dean Street near St. Patricks Cathedral.
It had to go back to the drawing board after its first application was rejected last year.
The move has been welcomed by Failte Ireland which says a lack of rooms in the city is bad for business.
Head of research Caeman Wall says Dublin needs 5000 more beds to cope with demand:
"We pretty much had ten years when very little was being added to the hotel stock. In that period there was a drop off in demand but it's back up again. Thankfully we are in the position where there are now more people coming to Dublin than there was before the boom."
Failte Ireland believes there are around 70 hotel projects planned for Dublin over the next few years.