Ulster Bank has predicted that the number of hotels built in Northern Ireland will increase dramatically because of the political settlement.
The bank said it had provided more than £30m of funding to support developments in the last year and added that the boom was set to continue.
A spokeswoman said Ulster Bank was supporting new hotel projects in Banbridge, Antrim and Co Fermanagh to take advantage of the peace dividend.
Business banking manager Shauna Burns said the North's hotel industry was preparing for the likely knock-on effect of greater numbers of tourists and a greater share of the UK's lucrative conference industry.
'We will also likely see further interest from leading international hotel chains wanting to enter the growing local market,' she added.
Ulster Bank provided finance to support the development of Belfast's Merchant Hotel which opened in May last year at the bank's former headquarters. It is also providing capital for the St Anne's Square development in Belfast's Cathedral Quarter, which includes a hotel.
