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Russian billionaire sells Morrison Hotel to UK-based private equity firm


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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Is the hotel proposal for Goatstown a 'white elephant'?


 
“Goatstown does not need a motel in any shape or form.” This was the view of a local resident responding to the planning application for a major residential and commercial scheme on a 4.6-acre site of The Goat pub in south Dublin, owned by publican Charlie Chawke and his family.
It received almost 150 submissions from local residents – mostly objections – and the chief executive of Dún Laoghaire County Council has recommended to An Bord Pleanála that permission be refused for the scheme, which is proposing 299 apartments, a 22-bedroom hotel and some other commercial units.
Some objectors have taken umbrage with plans for a hotel. Noting “no demonstrable need” for one in the area, many of the submissions came down heavily against the plans for the 22-bed hotel, adding that the “transient nature of hotel guests”, would not lend itself towards the creation of a so-called “neighbourhood centre” in the area. ....

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GHL: recuperación hotelera en 2021 se aplazará tres meses | Noticias de turismo REPORTUR

GHL: recuperación hotelera en 2021 se aplazará tres meses | Noticias de turismo REPORTUR
reportur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reportur.com Daily Mail and Mail on Sunday newspapers.

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