Irish hotel sales in 2014 look set to equal the values achieved in 2012 and last year combined.
Savills estate agents says sales of Irish hotels could achieve €350m this year.
Head of Savills hotel and leisure division Tom Barrett said there had been some high profile overseas buyers entering the market.
“It’s down to a recovery in Ireland generally which is fuelling a recovery in the hotel trade,” he said.
“There (are people) now looking to buy property and businesses, and that combined is increasing the value of hotel properties.”