McKillen jr secures sale of The Dean hotels in deal valuing the group at €355m

Oakmount put the eight venues and two development properties up for sale in early 2023

The Dean Hotel Group has been sold in a deal that values the properties at close to €355 million. Picture. John Allen

Paddy McKillen jr and Matt Ryan have finalised the deal to sell The Dean Hotel Group in a deal that has valued the properties at close to €355 million.

The deal has now paved the way for the partners behind Oakmount, who retain a small stake in the business, to expand The Dean hotel brand into Europe and US.

The portfolio of hotels has been sold by Oakmount to Lifestyle Hospitality Capital, a British property ...