Dublin Airports Authority (DAA) in Ireland concluded an agreement with Arora to design, build, finance, and operate a new hotel on a site in front of the existing Terminal 2 car park. The new hotel will have 410 rooms, which makes it one of the largest hotels in Ireland. Under the agreement with DAA, the hotel will be operated by Arora for 100 years and later transferred to DAA. Arora will invest EUR 100 million (US$ 121.40 million) in the project.
The 11-storey hotel will have a total floor area of 30,566 square meters and will feature meeting rooms, a leisure center with a gym, steam room, sauna and jacuzzi on the third floor and a penthouse bar and executive lounge area on the top floor. The construction works for the project are expected to begin in the last quarter of 2021 or in the first quarter of 2021. The project is estimated to have a 24-30 month construction phase, meaning the hotel is likely to open in 2024. Up to 300 construction jobs will be created during the works, and the hotel will employ approximately 250 staff when it opens. ,