Slieve Russell Hotel sold to Australian-based developer

Oct 22, 2024 · The Slieve Russell Hotel, the one-time jewel in former billionaire Sean Quinn’s business empire, has been sold to an Australian-based developer from Co Cavan for an …

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Australian Investor Buys Luxury Irish Hotel For €30m – Grosvenor AFM

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Nov 8, 2024 · Australian investor buys luxury Irish hotel for €30m. October 22, 2024 1:14 pm No Comments ...

grosvenorim.com

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Golf Business News - Slieve Russell Sold For €30m

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Oct 21, 2024 · Under the control of the Irish Bank Resolution Corporation since 2011, it has remained profitable and around €7.5m has been invested in upgrading the resort which boasts …

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Sean Quinn’s Former Hotel Slieve Russell Sells For €30m

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Oct 20, 2024 · LATEST NEWS. 18:40 Leo Clancy appointed chief executive of Ei Electronics; 18:17 SSE to pump €300 million into vegetable oil-fuelled power plant for Kerry; 18:14 Peter …

businesspost.ie

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Former Billionaire's Hotel Sold To Australian Firm - MSN

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His huge wealth made him the UK's 12th-richest man in 2007 and he lived a life of luxury. But in December 2011 he declared himself bankrupt, owing more than £2bn to Anglo Irish Bank.

msn.com

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Sean Quinn's Former Hotel Slieve Russell Sells For €30m

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Oct 27, 2024 · Sean Quinn's former hotel Slieve Russell sells for €30m ... In 2011 the Irish Bank Resolution Corporation took control aft er Mr Quinn went bankrupt but 13 years later the hotel …

pressreader.com

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Slieve Russell Hotel Sold To Brady Hotels For €30m

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Oct 23, 2024 · The luxury venue has attracted some major golf tournaments over the years, hosting two European Tour events and the Irish PGA Championship. Additionally, since 1997, …

hospitalityireland.com

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Australian Investor Buys Luxury Irish Hotel For €30m – Bryan

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Oct 22, 2024 · Australian investor buys luxury Irish hotel for €30m. October 22, 2024 1:16 pm No Comments ...

bryangroup.co.uk

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Hotels: Private Capital, Institutional Investors, And Hotel Groups To ...

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Dec 4, 2024 · About €800 million of Irish hotel transactions across 12 deals have been completed to the end of October, and total deal volumes are expected to surpass €1 billion for the full …

irishtimes.com

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Heathrow Hotel On The Block For £30m – Grosvenor AFM

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Investors; Managing Agent / Leasehold; Public Sector; News; Contact Us; Call us for more info: 0844 500 2434 Heathrow hotel on the block for £30m. October 17, 2024 10:14 am No …

grosvenorim.com

FAQs about Slieve Russell Hotel sold to Australian-based developer Coupon?

What drove hotel transaction volumes in the opening quarter?

Hotel transaction volumes in the opening quarter of the year have been largely driven by two deals: Paddy McKillen’s sale of a majority stake in the Dean Hotel Group portfolio to Lifestyle Hospitality Capital (LHC), and the sale of The Shelbourne luxury hotel to Archer Hotel Group. ...

How small is the luxury hotel sector in Ireland?

Mr Collins pointed out that the luxury hotel sector in Ireland is relatively small in the context of the wider hotel market. "Of the 834 hotels registered with Fáilte Ireland, only 39 hotels are classified as five-star - less than 5% of the total hotel stock," he explained. ...

Is Ireland a good place to invest in a hotel?

In CBRE's 2024 European Hotel Investor Intentions Survey, Ireland ranked as the eighth most attractive destination in Europe for hotel investment. At a city level, Dublin ranked seventh, solidifying the ongoing desire to deploy capital in Ireland. ...

What's going on with hotel trading in Ireland?

The year to date has been one of muted Irish hotel trading performance, juxtaposed with large hotel deal volume – a year of contradiction. Consider hotel trading performance. ...

How much money will the Dean group invest in hotels?

A portfolio of hotels owned by the Dean Group, comprising five assets in Dublin and three others across Ireland, was the subject of a significant international investment deal that completed in Q1. On the back of these completions, investment in the sector is expected to reach EUR1 billion for the year, which will be a record for the market. ...