The best news, analysis and comment from The Irish Times business desk
Shelbourne Hotel
Sale of Shelbourne Hotel this year netted its owner a $99m profit but questions are being asked about how the new owners can make a return on their investment
Five-star Dublin hotel was sold to Archer Hotel Capital and details of the gain for Kennedy Wilson were included in a stock market filing in the US
Kennedy Wilson attribute a jump in turnover ‘mainly due to the strong performance’ of the five-star hotel
Hefty price has raised eyebrows within the hospitality industry
Five-star hotel overlooking St Stephen’s Green had been for sale with a reported price tag of €260m
There are plenty of spots where you can revel in a rocking atmosphere, whatever the era you’re after
Seen & Heard: Shareholder considers breakup of Ires Reit, two five-star Dublin hotels in sale process, and Tesco bets big on reverse vending machines
Dublin room rates could fall as pipeline of new hotels speeds up, says Savills Ireland
‘Ordinary’ rooms in Dublin, Cork, Limerick, Waterford and Galway average about €200 to €300 per night
Seen & Heard: Energy for data centres and ‘brain drain’ warning
Torriam, a subsidiary of Marriott International, operates the luxury hotel under licence from Kennedy Wilson
Staying in a hotel this year could be a Christmas gift but be warned, it can be expensive
Kennedy Wilson’s hotel revenues jumped by more than 18% to $16.4m
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