The Dean Hotel Group has today announced that it has agreed to sell a majority stake in its business to an investment vehicle that is managed and led by Lifestyle Hospitality Capital (LHC) Group, and backed by funds advised by Elliott Investment Management L.P. Founder Paddy McKillen Jr and the McKillen Company will retain a stake and remain involved in the business.
Majority stake in Dean Hotel Group sold rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
The landmark Clarence Hotel in Dublin was sold by U2's Bono and the Edge for a multi-million euro price after they had owned it for more than 30 years.