The number of aparthotel rooms in Dublin will double this year according to a new report.
Property advisor Savills Ireland says they will account for 6.8 per cent of the city's hotel stock by the end of the year.
An aparthotel is a serviced apartment complex that uses a hotel-style booking system, allowing occupants to check out whenever they wish.
Two Staycity aparthotels have opened in Dublin this year, and aparthotel supply is forecast to increase by another 40%, based on what is currently under construction.
Tom Barrett, Director of Hotels & Leisure at Savills Ireland says some have questioned whether the city can absorb this level of expansion;
"Savills forecast some very short-term challenges at a city level, considering most of the aparthotel pipeline will be delivered in 2022 when demand from international travellers is in the recovery phase post-covid-19"
But he went on to say; "with corporates such as TikTok, 2K Games and JustEat establishing new headquarters in the Dublin alongside existing large occupiers like Facebook, corporate demand for longer-stay accommodation is predicted to be buoyant."
