“`html
Moxy Dublin Docklands Opens with Multi-Million Euro Investment
Table of Contents
The new 183-room hotel, part of Marriott Bonvoy, officially launched in Dublin’s Docklands following meaningful investment by MKN Property Group.
Opening and Investment Details
Moxy Dublin docklands commenced operations following a multi-million euro investment from MKN property group, a construction group controlled by the McKeon family, according to reporting by The Irish Times on May 16, 2024 [Irish Times]. The hotel is a franchise within Marriott Bonvoy’s portfolio.
The 15-story building provides 183 guest rooms and aims to cater to both business and leisure travelers. Its location in the Docklands positions it as a modern accommodation option within Dublin’s evolving urban landscape.
Location and Amenities
Rising 15 stories above the River Tolka, Moxy Dublin Docklands is strategically located in the Docklands area, a rapidly developing business and residential district. The Docklands area has seen ample regeneration in recent years, attracting major companies and investment [dublin Docklands official website].
While specific amenities haven’t been detailed extensively in initial reports, Moxy hotels generally emphasize a modern, social atmosphere with co-working spaces, a bar, and self-service options. Marriott describes the Moxy brand as targeting “the young at heart” with a playful and stylish design [Marriott Bonvoy – Moxy Brand Page].
MKN Property Group and the McKeon Family
MKN Property Group, the investor behind the project, is a construction group controlled by the McKeon family. The McKeon Group has a long history in the Irish construction industry, undertaking a variety of projects including residential, commercial, and infrastructure developments [McKeon Group official website]. Their involvement signals confidence in the long-term potential of Dublin’s hospitality market.
Dublin’s Hotel Market
Dublin’s hotel sector has experienced significant growth in recent years, driven by increased tourism and business travel. According to data from Fáilte Ireland,the National Tourism growth Authority,revenue per available room (RevPAR) in Dublin hotels increased by 16.4% in 2023 compared to 2022 [Fáilte Ireland – Dublin Hotel Performance 2023]. This growth demonstrates a strong demand for hotel accommodation in the city.
| Year | Occupancy Rate (%) | Average Daily Rate (€) | revpar (€) |
|---|---|---|---|
| 2022 | 73.8 | 162.8 | 119.8 |
| 2023 | 79.2 | 181.3 | 143.8 |
