Record room incomes have been offset by increases in costs for energy, labour and consumables The Scottish Mutual building is one of several prominent Belfast locations which are seeing investment in new hotels The hotel trade in Belfast has had some positive headlines in recent months after a difficult few years. There have been some big deals announced in 2024, including MHL Hotel Collection’s acquisition of the 145-room former Park Inn, which had been used as accommodation for asylum seekers since 2021. It is to be refurbished and rebranded by MHL as a Moxy by Marriott hotel, reopening next year.
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