Snoozebox has been granted permanent planning permission to erect its pop-up hotel each TT.
The Isle of Man Government has approved a planning application for a maximum of 240 hotel bedrooms.
This year the company will build a 160 bedroom unit just behind the Grandstand.
The Department of Economic Development has welcomed the decision saying it helps to alleviate the lack of accommodation for the 40,000 TT visitors.
Head of tourism Angela Byrne says the demand for the venture has been proved:
Creamery reassures milk buyers over price rise
Isle of Man Creamery has moved to reassure customers over the price of its milk.
April fool - did you get caught this morning?!
The Isle of Man's seen its fair share of online pranks this morning.
Tea room shuts its doors for good
A tea room in the west of the Island has announced it's closed down.
Milk up more than 5p a pint from today
The price of milk has risen by almost twice the rate of inflation today.
Pet food bank forced to rejig service as fuel costs rise
An Island foodbank for pets say it's having to make changes to deliveries because of the soaring cost of fuel.
MHK queries cost of incapacity benefits
How many people are on incapacity benefits?
Fuel website launches after queues at pumps this week
A new website says it's hoping to offer people the most up-to-date information about fuel availability on the Island.
Inquest hears how well-known businessman died following crash
An inquest in Liverpool has heard how a car dealership director died three days after a crash in St Johns.
