Thursday December 12, 2019

€600m set to be invested in buying Irish hotels this year

Some of the best-known hotels in the country are up for sale, and many of them come with eye-watering price tags, writes Donal Buckley

26th May, 2019
4
Thomas Roeggla’s fund bought Harvey’s Point Hotel at Lough Eske for a reported €13 million

As much as €600 million may be invested in the purchase of Irish hotels this year, according to forecasts from estate agent JLL, which would be a drop of €150 million on last year’s deals.

Nevertheless, the year has got off to a strong start with six transactions worth €106.7 million already achieved, according to a report from Cushman & Wakefield. The report said that these compare to just €24 million in the...

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