New Premier Inn Hotel To Open In Dublin 8

Working with Bain Capital Credit, Whitbread has acquired a site at Newmarket Square in Dublin 8 on which it is planning to develop a new 151-bedroom Premier Inn hotel.

“A Significant Landmark”

Head of Acquisitions for Premier Inn in Ireland Kevin Murray stated, “Securing the Newmarket site and reaching over 1,000 bedrooms in the pipeline is a significant landmark for us as we aim to be the number one budget hotel chain in Ireland. The site is within an exciting regeneration area and we’re confident it will trade strongly being right across the street from the Teeling Whiskey Distillery and within walking distance of the Guinness Storehouse, St Patrick’s Cathedral and Christchurch.”

“Very Pleased”

Meanwhile, Bain Capital Credit managing director David Cullen commented, “We are very pleased to be partnering with Whitbread to bring a 151-bedroom Premier Inn hotel on stream at Newmarket Square in what is a historic and regenerated part of Dublin. As a multi-sector investor deploying capital efficiently and at scale, we fundamentally believe in the potential of the Irish hotel real estate market and in the inherent sustainability of Dublin’s thriving tourist economy.”

 

News by Hospitality Ireland, edited by Career Vision Recruiters

Stay up to date

Latest News

  • Bord Bia Launches Grass-Fed Irish Beef Advertising Campaign In The UK
    Bord Bia Launches Grass-Fed Irish Beef Advertising Campaign In The UK

    Bord Bia has launched a major UK marketing campaign that places grass-fed Irish beef in the spotlight in a bid…

    30 October, 2020

  • Operating Profits At The Shed Distillery Of Co. Leitrim Amounted To €1.93m Last Year
    Operating Profits At The Shed Distillery Of Co. Leitrim Amounted To €1.93m Last Year

    Operating profits at The Shed Distillery of Co. Leitrim amounted to €1.93 million during the year that ended on September…

    30 October, 2020

  • Property That Houses Dublin’s One Pico Restaurant Hits The Market
    Property That Houses Dublin’s One Pico Restaurant Hits The Market

    The property that houses Dublin restaurant One Pico has hit the market via commercial real estate advisory firm QRE with…

    30 October, 2020

  • Airbnb Sets The Stage For A Blockbuster Market Debut
    Airbnb Sets The Stage For A Blockbuster Market Debut

    Airbnb Inc is planning to list its shares on the Nasdaq, setting the stage for one of 2020’s most high-profile…

    30 October, 2020

  • Staycations boosted energy consumption in Irish hospitality sector View Larger Image
    Staycations boosted energy consumption in Irish hospitality sector View Larger Image

    19% increase in consumption as people holidayed at home Pattern suggests most commercial activities were rebounding Consumption will be monitored…

    24 September, 2020

  • Experience Aniar At Home with Private Demonstration and Tasting
    Experience Aniar At Home with Private Demonstration and Tasting

    Michelin star Aniar Restaurant and Chef-Owner JP McMahon have launched an exclusive element to the restaurant and cookery school, Aniar…

    24 September, 2020

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept
Reject