Russian billionaire sells Morrison Hotel to UK-based private

Russian billionaire sells Morrison Hotel to UK-based private equity firm
Dublin hotel market springs back to life with two big sales in past ten days
about 3 hours ago
 
Zetland Capital, a London-based private equity firm, has bought the Morrison hotel in Dublin. No price was disclosed but it was reported in March that the deal was expected to be
The 145-bedroom boutique hotel on Dublin’s quays was owned by Russian billionaire investor Elena Baturina, who bought it from Nama in 2012 for €22 million.
This is second major Dublin hotel sale announced in past 10 days. The 157-bed Moxy Dublin City hotel, on Sackville Place just off O’Connell Street, was earlier this month sold by the Spitzer family’s Midwest Holding group for €35 million to the MHL Hotel Collection.

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