Iconic Grand Hotel in Malahide Sold for €55 Million

Business News

Iconic Grand Hotel in Malahide Sold for €55 Million
Grand HotelMalahideDublin
  • 📰 IrishMirror
  • ⏱ Reading Time:
  • 88 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 77%
  • Publisher: 98%

The Grand Hotel in Malahide, Dublin, a landmark property with a rich history dating back to 1835, has been sold for €55 million to the Irish-Spanish consortium, FBD Hotels and Resorts. The acquisition marks a new chapter for the historic hotel, which has been owned by the Ryan family for 50 years. FBD Hotels, known for its portfolio of prestigious properties, plans to invest in the Grand Hotel, enhancing its offerings and ensuring its continued legacy as a symbol of excellence in hospitality.

The Grand Hotel in Malahide , Dublin , a landmark property owned by the Ryan family for 50 years, has been sold in a significant €55 million deal. This historic hotel , dating back to 1835 and employing over 200 people, has been acquired by the Irish-Spanish consortium, FBD Hotels and Resorts.

The acquisition, which is pending approval from the Competition and Consumer Protection Commission (CCPC), will see the 202-bedroom hotel integrated into FBD Hotels' portfolio, joining prestigious establishments like Faithlegg Hotel in Co Waterford, the Heritage Hotel and Spa in Co Laois, Castleknock Hotel in Dublin, and Killashee Hotel in Co Kildare.David Kelly, CEO of FBD Hotels and Resorts, expressed his enthusiasm for the deal, stating, 'We are delighted to have reached agreement with the Ryan family. The Grand Hotel in Malahide is an iconic hotel located in one of Ireland's most unique settings. We are honored to be entrusted with the stewardship of this historic hotel, whose rich heritage and enduring legacy have made it a symbol of excellence in hospitality.' Kelly further emphasized the Ryan family and their team's commendable efforts in preserving the hotel's timeless charm and traditions, expressing anticipation for adding to this storied history. He highlighted FBD Hotels' commitment to welcoming new colleagues and investing in growth opportunities, assuring continued development of the Grand Hotel as a cherished destination.The Ryan family, in a statement, conveyed their pride in being part of the Grand Hotel's remarkable history, acknowledging its role as a beacon of hospitality and tradition. They extended their gratitude to loyal guests and dedicated staff who contributed to making their journey unforgettable. The family expressed confidence in the new ownership, stating that their vision, values, and track record align with the legacy they have carefully nurtured. This transition, they believe, marks an exciting new chapter for the hotel, promising new opportunities for both current and future customers

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IrishMirror /  🏆 4. in İE

Grand Hotel Malahide Dublin Sale €55 Million FBD Hotels And Resorts Ryan Family Competition And Consumer Protection Commission (CC Hospitality Irish-Spanish Consortium Historic Hotel

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Mysterious Life of the Last Lord of Malahide CastleThe Mysterious Life of the Last Lord of Malahide CastleExplore the intriguing story of Milo, Lord Talbot de Malahide, the last lord of Malahide Castle, whose life was marked by secrets, accusations of espionage, and a passion for botany.
Read more »

Owner of Harry’s of Malahide Grace O’Riordan on her life in foodOwner of Harry’s of Malahide Grace O’Riordan on her life in foodGrace O'Riordan shares her life in food, from her earliest memories to her favourite flavours and culinary inspirations.
Read more »

Hotel Accounts Executive Claims €1 Million Due Under Consulting Agreement Amidst €597,000 Misappropriation AllegationsHotel Accounts Executive Claims €1 Million Due Under Consulting Agreement Amidst €597,000 Misappropriation AllegationsAndja Gulic Pejovic, a hotel accounts executive, and her husband, Dusan Pejovic, are accused of misappropriating €597,000 from The Address Connolly hotel. Ms. Pejovic counters by claiming she is owed €1 million under a consulting agreement with her former employer. The court has made freezing orders against the couple pending further proceedings.
Read more »

Tourist beats man to death with fire extinguisher as he is evicted from hotelTourist beats man to death with fire extinguisher as he is evicted from hotelPiero Estefano But-Castillo, 25, 'savagely' attacked the victim after being asked to leave his accommodation
Read more »

6 Valentine's Hotel Packages To Get You Going This February6 Valentine's Hotel Packages To Get You Going This February5 Valentine's Hotel Packages To Get You Going This February 5 Valentine's Hotel Packages To Get You Going This February
Read more »

Citywest Hotel receives almost €17m for asylum seeker and refugee accommodation in third quarterCitywest Hotel receives almost €17m for asylum seeker and refugee accommodation in third quarterTop hotel brands among recipients of €1.4bn in State fees during first nine months of 2024
Read more »



Render Time: 2025-02-11 17:23:53