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Dublin Skyline New Landmark Opens

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Moxy Dublin Docklands⁤ Opens with Multi-Million Euro Investment

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
Dublin Hotel Performance⁢ Data⁤ (Source: Fáilte Ireland)

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