The daa, the operator of Dublin Airport in Ireland, is seeking expressions of interest for the construction of a new 402-bedroom hotel, which will be linked to Terminal 2 (T2).
Dublin Airport’s new 11-story facility will have a total floor area of approximately 246,000ft² and will contain a bar, restaurant, café, conference center and fitness suite. It will be situated adjacent to the T2 multi-story car park and will be located just 95m (310ft) from the terminal.
Planning permission for the hotel has already been granted with construction work expected to begin in October 2017. The property is scheduled to open in 2019.
The hotel will provide employment for 250 people, while an additional 150 new jobs will be generated during the construction phase of the project. The new property will be Ireland’s fourth largest hotel upon completion.
daa has appointed property consultants Savills Hotels & Leisure to seek expressions of interest for the development and operation of the new hotel, which will be developed under a finance, build operate and transfer (FBOT) model. The successful bidder will construct the hotel and operate it for a specified period of time, before transferring it back to daa at the end of the agreed term.
Vincent Harrison, managing director, Dublin Airport, said, “There is significant demand for a new terminal-linked hotel at Dublin Airport and this development will benefit not just the airport but the city and region as a whole as Dublin needs more hotel beds. It will also provide employment for 250 people, as well as a further 150 construction jobs during the building program, which is expected to last about 18 months.
“We’re constantly striving to improve the product that we provide to our customers and this new hotel will offer extra choice and convenience to passengers and to the many companies that are based on the Dublin Airport campus. It will also provide much needed additional hotel capacity for the entire Dublin region.”
Tom Barrett, director of hotels and leisure, Savills Ireland, said, “This is a hugely exciting project. If this hotel was trading today, it would be one of the strongest performing hotels in Ireland. Given the unique high profile location and the quality of the offering we anticipate strong interest from developers, investors, hoteliers and brands.”