Committee members approved the application from Ebony Developments, which also includes associated parking and proposed road improvements to Governor's Road at Lisburn Leisure Park.
Chairman of the committee, Cllr Luke Poots, said: "I welcome the decision to approve this application and I recognise that a considerable amount of work and effort has been undertaken to achieve this positive result. The provision of additional bed spaces will open up exciting opportunities for our city centre, attracting overnight visitors and additional spend in our council area, and is an example of how planning decisions taken at a local level can have a real benefit to local businesses and residents."
"I am particularly pleased that this scheme will also include self-catering apartments attached to it, making it attractive for contractors to stay in our city whilst working on local projects. I also welcome the applicant's willingness to undertake road improvements as this is something that is much needed and I know the general public will appreciate," he added.