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Airport Hotel PPP project in Ireland receives green light
Investors - JANUARY 12, 2022

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Airport Hotel PPP project in Ireland receives green light

by RELEASED

Dublin Airport will get a €100 million ($1.25 million) investment in a new terminal-linked hotel that will create up to 550 jobs on campus. As part of an agreement with DAA (Dublin Airport Authority), British hotel group Arora has lodged a planning application for a new 410-bedroom luxury hotel adjacent to Terminal 2 at Dublin Airport.

Following a public tender process, DAA concluded an agreement with Arora for it to design and build, finance and operate a new hotel on a site just in front of the existing Terminal 2 car park. The new hotel, which Arora will operate under a yet to be announced global brand, will be one of the largest hotels in Ireland. Under the agreement with DAA, the hotel will be operated by Arora for 100 years and ownership will then revert to DAA.

Subject to planning, Arora intends to begin construction of the new hotel in late 2022 or in the first quarter of 2023. The project is expected to have a 24- to 30-month construction phase, meaning the

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