Pettitts planning to extend Talbot Hotel in Dublin
Wexford's Pettitt family are planning a multi-million euro extension of the Talbot Hotel in Dublin's Stillorgan, aiming to add 61 extra bedrooms in a new four-storey wing.
The Pettitt family also own SuperValu outlets as well as other hotel properties, including the Talbot Hotel in Wexford, the Talbot Hotel in Carlow and the Midleton Park and Oriel House hotels in Cork.
Turnover at the group, which is headed by Cormac Pettitt, rose 6pc to €120m in 2015, while profits jumped 50pc to €3.1m.
A planning application has just been filed with Dun Laoghaire-Rathdown County Council for a 3,555 m sq extension to the Talbot Hotel in Stillorgan. It will involve the construction of a new four-storey extension to the rear of the property. The four-star hotel already has 150 bedrooms.
The planned construction of the additional bedrooms at the hotel comes as the capital suffers from an undersupply of hotel rooms.
A number of city centre hotel properties, as well as hotels close to Dublin Airport, have already secured or are awaiting permission to add rooms.
The Central Hotel in Dublin, owned by developer Gerry Conlon, recently applied for permission to add 46 bedrooms at the property, which already has 70. The DAA is seeking a partner to build what will be the country's fourth-largest hotel, at Dublin Airport. The 11-storey property will boast 402 rooms and will be directly linked to Terminal 2.
In December, CG Hotels received planning permission for two expansion projects beside its Radisson Blu property at Dublin Airport that are likely to cost in the region of €60m.
Ireland's largest hotel operator, Dalata, is also building new hotels, including a €30m property beside Dublin's Grand Canal.