Businessman and Matt Ryan to retain minority stake in Dean Hotel Group
and his business partner Matt Ryan have agreed to sell a majority stake in the Dean Hotel Group to UK property group Lifestyle Hospitality Capital and Elliott Investment Management, the New York alternative investment giant founded by billionaire activist investor Paul Singer.
The hotels will continue to be managed and operated by the Dean Hotel Group under its own brands including the Dean, the Mayson, the Clarence, the Devlin, and the nearly-completed Leinster hotel in Dublin as well as and Glasson Lakehouse near Athlone in Co Westmeath.
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