The decision by Dublin City Council has been welcomed by Sinn Féin president Mary Lou McDonald.
Teachta McDonald said: "The Cobblestone is a key cultural space in the heart of Dublin.
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"The announcement that Dublin City Council had refused planning permission for a hotel which would have effectively seen it destroyed, is hugely welcome news. It is a victory for The Cobblestone, for the thousands who campaigned to save it and for the local community.
"The widespread support for the preservation of our unique cultural spaces hopefully represents a change in approach to planning in the city.
"The same reasons given for refusing the planning application for this development should apply to the Hammerson plan for Moore Street."
