A range of industry professionals gathered at The Merchant Hotel for a discussion on the hospitality landscape, hosted by MKB Law. In his opening remarks, Gordon McElroy highlighted collaboration between developers, planners, financiers and operators as key to delivering successful projects across the region.

Moderator Joris Minne, food columnist for the Belfast Telegraph, also noted the continued role of the media in shaping policy discussions around the hospitality sector.

On the first panel, Gerardo Larios Rizo of Bank of Ireland struck an optimistic tone on the sector’s outlook, pointing to sustained demand despite cost pressures and evolving consumer preferences, including growth in non-alcoholic options and accommodation-led stays.

Phil Ervine of Taste & Tour emphasised the region’s reputation as a visitor experience destination, highlighting how Belfast’s story – its transformation and future direction – is reflected in its hospitality offering.

Conall Wolsey of Beannchor Group pointed to the success of hospitality-led regeneration, with a strong emphasis on attention to detail, quality and consistency in building long-term hospitality brands.

The second panel focused on licensing and planning frameworks. Emma Smyth of MKB Law outlined the legal work involved in hospitality development, referencing some of her current projects in both the city centre and popular tourist areas such as Portstewart.

Diana Thompson of MBA Planning discussed how mixed-use hospitality developments are shaping town and city centre regeneration in response to changing consumer demand – referencing Lidl’s Dundonald pub scheme, which has even drawn international attention!

Hospitality Ulster chief executive Colin Neill MBE emphasised Northern Ireland’s unique hospitality offering and the importance of maintaining a robust independent operator base in a challenging cost environment.

Gavin Weir of Avison Young outlined a two-tier market, with strong performance in prime Belfast assets but continued pressure on mid-market pubs and regional hotels. He noted margin compression and reduced buyer demand as costs rise, with more creative deal structures emerging.

The discussion remained broadly optimistic, with speakers pointing to resilient demand, Belfast’s growing international profile, and the continued importance of hospitality in driving regeneration and economic activity across towns and rural communities.

Northern Ireland’s hospitality offering was highlighted for its quality, authenticity and strong sense of local identity.

[Image gallery from the event below]