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DUBLIN IS EXPECTED to have the fastest-rising hotel room prices among major European cities both this year and the next.
A report from PwC predicted the capital’s average daily room rate would hit €102 in 2015 and increase further to €109 in 2016 – putting prices back on par with their 2007 peaks.
A lack of new building meant occupancy rates rose to 78% last year, the fourth-highest in Europe, which is past the previous record set in 2006.
No new hotels are expected to open in the city this year, although some are increasing capacity through extensions and other works.
But Dublin remains a long way outside the most expensive cities across Europe, ranking only 13th on the list of pricey destinations for this year.
In comparison, the average rate in Europe’s dearest city, Paris, is expected to hit €257 per night this year – up from €252 in 2014.
Here are the most-expensive destinations for 2015, according to PwC’s forecasts:
‘A star performer’
PwC Ireland’s Jennifer Gillen said Dublin was a “star performer” in Europe for hotel owners, based on the extra money they were now making from each room.
Dublin continues to offer good value for visitors, with rooms considerably cheaper than European cities such as Paris, London, Rome, Amsterdam, Barcelona – it is important that we continue to stay competitive and offer good value,” she said.
However the report also noted hotels were facing increased threats from a range of competitors, from home-sharing websites like Airbnb to “new-style hostels”.
In said in one of the most costly hotel markets, Geneva, the stock of Airbnb properties had hit 16% of the city’s total available rooms and they were competing directly with hoteliers.
In Ireland, the Revenue Commissioners recently clarified its position that local Airbnb hosts were liable for tax on their rental income. One host told TheJournal.ie the move would discourage people from making rooms available on the site, further pushing up prices in the city.
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We are going to Spain in two months for a week
Total price for the week including flights and hotel is €510 for two adults
For argument sake I just looked up the same week to stay in Dublin
€680 and that’s with no flights if u are coming from overseas
Then your crazy Dublin drink prices and everything else that goes with it.
Cheaper to spend a week in Spain than it is to spend a week an hours drive from me
As a Corkman who lived in Dublin for 6 years, you’re not comparing like with like.
Why do my wife and I sometimes choose a 1000 euro 3 day city break in Europe when we could get a package holiday for the same money?
Why do I sometimes spend up to 100 euro on a match ticket when I’d see more of the game on TV? Why do I go to the pub for the next match and spend 50 euro when I could drink a few bottles for a tenner?
Why do I pay 100 euro to go to a concert when I can listen to CDs for free.
The answer is that different experiences appeal to different people, that a shared experience can sometimes be better than an individual experience, and that city experiences can be very different and offer a whole lot more variety. I don’t like sitting by the pool for the day, or on the beach. I get extremely restless and bored, and I can’t even read a book or surf the net for too long without needing to get up and do something.
Now don’t get me wrong, I’m not disparaging a sun holiday for a second. They have their place in terms of R&R and I go on them from time to time. Nor am I suggesting Dublin is better than other European cities. All I’m saying is that it offers a somewhat unique (if expensive) product to tourists, and lots of people I meet abroad speak fondly of their visit. It’s always a rip-off, in local terms, no matter where you go. Anyone outside London will bemoan London prices, a Czech person wouldn’t dream of paying tourist prices in a square in Prague. Your capital will always appear expensive relative to your own local experiences.
You’ve also the weather factor
A week in Dublin or a week in Spain for much cheaper than it is to stay in Ireland.
Ireland is for tourists and not for the Irish
They try promote “staycations” but with these prices you’d be silly
Back to celtic tiger days again
Are these people stupid do they think people are going to pay more for this.seems some have learned nothing from the crash. Rents too going through the roof when is greed in this country going to end.
It’s called supply and demand
To be fair, it’s obvious someone is paying it otherwise the price wouldn’t be set as such
Should the lower VAT not stop prices rapidly rising year on year?
Celtic Tiger. I think it could more fairly be called the CREDIT Tiger. It was time in Ireland where people really believed that debt was actually wealth ! Anyway the reason why property demand ‘seems’ to be on the up trend, and as a consequence a new homeless crisis, is due to unlawful immigration via EU. Because of the fear of political correctness berating/bully gang, people are afraid to say it out loud. Allowing Families to be come homeless, seems to be an acceptable collateral damage, for allowing Brussels to run the puppet government in Ireland.
Some Politicians are making people believe that giving landlords more money by upping the Rent Cap(rent allowance) will fix the problem(Like feeding a pack of wolves)! And where would the money to give to greedy landlords come from? Yes, of course more tax pits !!! The EU is killing Ireland faster than the British empire was killing Ireland in 1915.
Followed by a recession or depression?????
They compare Dublin with Paris, London and Rome, well at least if you go there, there are actually things to, Dublin is overpriced for what you get, the transport is terrible and there are hardly any sites to see
You obviously haven’t met many tourists so, most Americans have dublin 1st in the list of European cities they want to visit
Nope just, Kilmainham Goal, Royal Hospital, the 3 National Museums, National art gallery, Dublin Castle, Christchurch and St Patrick’s Cathedrals, Guinness Storehouse, Jameson Distillery, Croke Park, Hugh Lane gallery, Dublin Writers Museum, Book of Kells, Abbey theatre, Jeannie Johnson, trips to Howth, Malahide. If I have left something out then let me know. Hotels are expensive but to say there is nothing to see that is just pure ignorance.
Yep most Americans, and once the get a taste of the high prices I’d say they say wtf for every two Americans that say it’s great I’m sure theres one that says over priced.
Americans are getting great value this year with the dollar worth around 89 euro cent. Aer Lingus also offering good fly/drive deals.
@Dave. You forgot the tour of glasnevin
@squirrel. The states are hardly cheap. Don’t forget our VAT is included in the price and there’s no need to tip.
I can’t understand why anyone would want to stay in Dublin anyway. It’s a complete rip off. To all the tourist the look at this, just rennet this when ye are looking to come to Ireland -ABD-Anywhere But Dublin
Dublin is home to most of the national musuems, historical sites, botanical gardens, Christ Church, Dublin castle, Phoenix Park, St. Annes Park, North Bull Island conservation, Dublin Zoo Guinness brewery, biggest venues like Croke Park and 3 Arena. It contains transport to nearly every location in Ireland that a tourist may want to go, massive concentration of young people and in turn nightlife, gigs, theatre etc etc,
To all the tourists, visit Dublin, it can be pricey but well worth it for a couple days at least, and don’t forget the rest of the country has plenty more to offer on top of that at generally lower cost.
Yeah why would they, what with the Guinness brewery, concert hall, museums, art galleries, zoo, nightly music and comedy – they should go to Offaly to see the……..
Tom you obviously have not been traveling much. There are far more expensive cities in Europe that have a lot less to offer than Dublin.
Oh look, a muck savage with a chip on their shoulder about Dublin. How unusual.
I recently found a receipt for a hotel in Dublin City centre that I had from December 2009; for interest I checked the tariff for the same date in December 2014 (both weekdays) and it had increased by over €30 per night.
My advice to tourists stay only for day or 2 max in Dublin. It’s dirty city and your heart will be broken from all the junkies.
The real beauty of Ireland starts in new grange and glendalough down to waterford cork across to clare and up to Galway sligo and donegal across to Belfast.
That’s a great Irish holiday
Generally lower cost unless you’d like to visit Kerry. Or even Clare.
Good lads, because people will be clamouring to pay over the odds… Keep it up
The same greed that brought this country down will bring it down again.
The banks have seen recapitalisation from property price increases fuelled by “investment” property speculation and the service sector looks on with glee as they contemplate a “return to the boom”.
The only people who feel pain are the lower paid and nothing is going to change that. Ireland has become a middle-class Disneyland fuelled by a slave class, and the Labour Party are proud of their achievements?
Global Debt has doubled since 2007. Any guesses what that means?
DUBLIN IS EXPECTED to have the fastest-rising hotel room prices
Great news for their well paid employees I hope, you can be sure they are not on minimum wages with news like this.
NOT……..
Were no lessons learned?
Nope
Charleville Lodge is well ahead of the pack on this one.
What pees this poster off is that it is our hard earned tax euros that is used to entice tourists to Dublin so that can be fleeced and line the pockets of greedy publicans and hoteliers.
Not right….not right at all !
A weekend in a city centre Dublin hotel sets U down 550 euro!!! That’s mad and more expensive then a holiday !!! Look up booking.com or triviago out of curiosity !!!! For everyone ho is interested to defend the prices
€550 for the Westin or the Shelbourne hotel. You can get a decent hotel for half that price in central Dublin.
O’ Callaghan, 4 star hotel, Stephens Green, Dublin, Ireland.
Fri 27 Mar 2015 to Sun 29 Mar 2015
Price for 2 nights € 249.05
Thats fine..its off somewhere else we go!! No value in Dublin anyway
What u think ?
Mike go in booking.com and search 6-9 next weekend !!! 3 nights and have a look at the hotels in city centre !!!
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