Hotel prices in Dublin up 13pc to average €109
Dublin has experienced the biggest increase in hotel prices nationwide, rising to an average of €109 per night.
Prices rose by 13pc in the capital last year compared with 10pc for the rest of the country, where the average price of a room is €103 a night.
However, the most expensive place to spend the night is in Killarney, Co Kerry, where rooms cost an average of €111 a night, up 5pc year-on-year, according to Hotels.com.
It is the fourth consecutive year that hotel prices have continued to recover.
The figures are based on bookings made on Hotels.com, and the prices are those actually paid by customers per room per night rather than advertised rates.
Increased visitor numbers, additional air routes and events-based tourism have all contributed to the continuing recovery of hotel prices around the country.
While the cancellation of last summer's Garth Brooks concerts at Croke Park were a major blow to the tourism industry, room rates in Dublin still saw the biggest increase nationwide.
Large-scale events such as the Web Summit, which saw 22,000 people from around the world descend on the capital for the technology conference last November, helped boost room rates in Dublin.
The next highest percentage increases were recorded in Belfast and Limerick, both at 12pc.
Despite the increase, Limerick remains the best-value destination in Ireland, as visitors paid an average of €76 per room per night last year.
In Belfast, the average room rate was €100.
The promotion of the Wild Atlantic Way both at home and abroad by Tourism Ireland and Failte Ireland also had an impact on hotel prices.
Prices in Sligo rose by 3pc to €85 a night, Cork rose 7pc to €93 and Galway was up 3pc to €99.
Matthew Walls of Hotels.com said last year was "a fantastic year for Irish tourism".
"Record visitor numbers from North America, Germany and France were recorded and these figures are set to rise in 2015," he said.
"New and increased air routes from destinations such as Copenhagen, Iceland and Dubai which have recently been announced will all aid in-bound traveller numbers and help further boost the Irish economy.
"It must be noted, however, that while prices are rising, Ireland still offers exceptional value to the traveller both at home and abroad."
Internationally, the average price paid for a hotel room rose by 3pc last year compared with 2013.