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1. • • "Based on current live transactions and our solid pipeline, we forecast Irish hotel deal volumes to reach €750m in 2024. This is more than double 2023 levels and so we are indeed expecting a record year in terms of Irish hotel deal flow."
     www.crowe.com/ie/insights/2024-annual-irish-hotel-market-briefing

     2024 Annual Irish Hotel Market Briefing | Crowe Ireland

2. People also ask

   Did the Irish Hotel Market Bounce Back in 2023?

   • The results of the Crowe Ireland Annual Hotel Industry Survey 2023 illustrate that the Irish market was one of fastest to bounce back in Europe in 2022 and that 2023 has built on that momentum.

   2024 Annual Irish Hotel Market Briefing | Crowe Ireland

   www.crowe.com/ie/insights/2024-annual-irish-hotel-market-briefing

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   Will the Irish property market recover in 2023?

   • However, Lisney is optimistic for recovery around September 2023 and believes that once this comes, it will happen quickly. “2022 was a strange year, at a societal and economic level, as well as in the Irish property market,” said Aoife Brennan, Lisney research director. “We began the year optimistic for a post-Covid recovery with demand strong.

   Irish property market outlook for 2023 | ThinkBusiness

   www.thinkbusiness.ie/articles/irish-property-market-outlook-2023-lisney/

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   Who bought a hotel in Q2 2023?

   • Most buyers and sellers in Q2 2023, were Irish. PLC’s remerged as buyers in Q3 with both Pandox and Whitbread transacting. Most significantly, major big-ticket deals such as The Dean Hotel Group, Tifco Hotel Group and The Shelbourne all entered varying stages, including DHG exchanging. 2024.... Will Be A Record Year For Closing Hotel Deals!

   2024 Irish Hotel Market Briefing - Crowe LLP

   www.crowe.com/ie/-/media/crowe/firms/europe/ie/crowe-ireland/files/htl/crowe-jll-2024-irish-hotel-market-briefing.pdf?rev=a06b087ba0b546f8a33591f08f61b01b&hash=83103DB78CF816A8E21385797B1756B5

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   Are Ireland's house prices going up in Q1 2024?

   • However, the most recent data indicates a return to the earlier trend in Ireland as the global economy stabilizes, with Q1 2024 showing year-on-year growth in house prices at 2.3% (2.7% inflation-adjusted) quarter-on-quarter and 6.3% (2.7% inflation-adjusted) year-on-year.

   Ireland’s Residential Property Market Analysis 2024

   www.globalpropertyguide.com/europe/ireland/price-history

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   Who is JLL co-hosting the Irish hotel sector briefing 2024?

   • JLL joined Crowe as co-host for this year’s Irish Hotel Sector Briefing on Thursday 1 February 2024 in the Intercontinental Hotel in Ballsbridge, Dublin 4. We were delighted to welcome over 200 industry guests at this in-person breakfast event.

   2024 Annual Irish Hotel Market Briefing | Crowe Ireland

   www.crowe.com/ie/insights/2024-annual-irish-hotel-market-briefing

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   What happened in Ireland in Q4 2023?

   • Leading operators such as JMK Group and Premier Inn led the way as site buyers, continuing to expand across Ireland. Deal volumes in 2023 ended up at slightly over €300m, however Q4 2023 transaction volume was low with only two major deals closing and many transaction slipping into 2024.

   2024 Annual Irish Hotel Market Briefing | Crowe Ireland

   www.crowe.com/ie/insights/2024-annual-irish-hotel-market-briefing

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3. www.crowe.com › ie › insights2024 Annual Irish Hotel Market Briefing | Crowe Ireland

   www.crowe.com › ie › insights

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   Feb 1, 2024 · For 2024, the increase in VAT rate from 9% to 13.5% will make it challenging for hotels to maintain the momentum of growth in average room rate.

4. www.cbre.ie › irish-hotel-market-update-2024Irish Hotel Market 2024 | CBRE Ireland

   www.cbre.ie › irish-hotel-market-update-2024

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   May 31, 2024 · Considering ongoing sales processes, both on- and off-market, total volumes in 2024 could surpass €1bn, which will be a record for the market. Following an exceptional year for hotel trading performance in 2023, operational performance dipped slightly in the opening months of the year.

5. www.crowe.com › ie › -2024 Irish Hotel Market Briefing - Crowe LLP

   www.crowe.com › ie › -

   Based on live transactions and the pipeline, we forecast Irish hotel deal volumes to reach €750M in 2024. This is more than double 2023 deal volumes and will represent a record high year”

6. www.savills.com › insight-and-opinion › savills-newsIrish Hotel Industry Shows Resilience and Optimism for 2024

   www.savills.com › insight-and-opinion › savills-news

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   Looking ahead to 2024, the Irish hotel market anticipates significant transactions, such as the completion of Press Up Hotels' majority stake sale to LHC, the potential sale of Tifco's portfolio and some off-market transactions.

7. www.cbre.fr › irish-hotel-market-update-2024Irish Hotel Market 2024 | CBRE France

   www.cbre.fr › irish-hotel-market-update-2024

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   Considering ongoing sales processes, both on- and off-market, total volumes in 2024 could surpass €1bn, which will be a record for the market Following an exceptional year for hotel trading performance in 2023, operational performance dipped slightly in the opening months of the year

8. Videos

   • 

     independent.ie

     Ireland’s top 10 hotels for 2024 revealed – number one ‘is my happy place’

     18 Jan 2024

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     1:00

     facebook.com

     Ireland’s top 10 hotels for 2024 revealed – number one ‘is my happy place’ “As beautiful as the grounds and castle are, it is the people that are the true beauty of this magical place,” readers said of Dromoland Castle. “Hard to believe it is real.” This iconic resort is a bastion of “traditional elegance”, an “enchanting”, “luxurious and inspiring” place. The Co Clare five-star has been named ‘Ireland’s Best Hotel’ in our Reader Travel Awards 2024 – which will be revealed in full in Saturday’s

     19 Jan 2024

     1.2K views

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     13:33

     youtube.com

     Buying a house in Ireland in 2024 (and beyond)-14 tips

     7 Jan 2024

     31.6K views

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9. www.drinksindustryireland.ie › irish-hotel-marketIrish hotel market set for record breaking sales in 2024

   www.drinksindustryireland.ie › irish-hotel-market

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   Jun 5, 2024 · Total annual Irish hotel sales could surpass €1.2 billion in 2024 – a record level of spend. The previous peak year was 2006, when €1 billion worth of hotels traded, including the Great Southern Hotel Portfolio and Jury’s Inn in Ballsbridge.

10. www.hospitalityireland.com › hotel › total-annualTotal Annual Irish Hotel Sales Could Surpass €1.2bn In 2024

    www.hospitalityireland.com › hotel › total-annual

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    Aug 27, 2024 · In Ireland, after an exceptional opening few months of the year for hotel transactions, vendors are still electing to test the market through discreet processes, and CBRE estimate that there are in excess of €600m of Irish hotels currently on the market and being prepped for sale.