Ireland's First Floating Hotel Gets The Green Light In Cork

Ireland's first floating hotel has been given the green light in Cork City, according to a new study by Savills Ireland.

The 96-bed 'floatel' My Story MV is to be situated at Penrose Quay.

Seven new builds and four extensions to existing hotels are at various stages of planning and if half were seen through to completion, it would represent an almost 30% increase on the current Cork hotel stock.


Five hotels have received a grant of planning permission for the addition of 360 bedrooms. The new 165-bed Maldron Hotel on Beasley Street/South Mall is currently under construction and due for completion in 2018, while The Kingsley Hotel at Victoria Cross has received approval for 63 additional bedrooms.

Tom Barrett, Director, Hotels & Leisure at Savills Ireland commented: "The Cork hotel market has strengthened in recent years. There is now significant demand for additional bedrooms in the city and Savills expect that a number of the planned schemes will proceed. Current office development plans are very positive for the hotel sector, but certainty the Cork Events Centre proceeding is necessary for the city to exploit its true potential."

(CD/LM)