Europe Hotel Transactions Bulletin - Week Ending 21 May 2021
Europe Hotel Transactions Bulletin - Week Ending 21 May 2021 share this article Advertisements The Morrison Hotel located in the quays of Dublin, Ireland, has been acquired by UK private equity firm Zetland Capital from Russian billionare Elena Baturina, for a reported price of €65 million (€460,000 per room). Ms Baturina acquired the 141-room property in 2012 from NAMA, as the first hotel sale of the Irish asset management agency, for €22 million. During her ownership, the hotel was rebranded to a DoubleTree by Hilton and benefitted from a €10 million renovation...
Source: hospitalitynet.org