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

  • Baird/STR Hotel Stock Index Decreased In May, Notes STR
    Baird/STR Hotel Stock Index Decreased In May, Notes STR

    The Baird/STR Hotel Stock Index decreased by 5.8% in May, to a level of 5,584, and it decreased by 2.8%…

    8 July, 2022

  • New Pilot Grant Scheme To Boost Night-Time Economy Launched
    New Pilot Grant Scheme To Boost Night-Time Economy Launched

    Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media Catherine Martin has launched a new pilot grant scheme to help…

    8 July, 2022

  • Three Irish Food Venues Hit The Market
    Three Irish Food Venues Hit The Market

    Three Irish food venues have hit the market.   Properties As listed on Daft.ie, the leasehold interest of a restaurant…

    8 July, 2022

  • New Glamping Accommodation Opens In Co. Wexford
    New Glamping Accommodation Opens In Co. Wexford

    Glamping company Further Space has announced that it has opened a new glamping site in Co. Wexford. Details Six glamping…

    8 July, 2022

  • Dalata Publishes Trading Update For Second Quarter Of 2022
    Dalata Publishes Trading Update For Second Quarter Of 2022

    Dalata Hotel Group plc has published a trading update for the second quarter of 2022. Details According to the trading…

    8 July, 2022

  • No Experience, No Resume, You’re Hired! Hotels Fight For Staff
    No Experience, No Resume, You’re Hired! Hotels Fight For Staff

    Top European hotel chains are hiring workers without experience or even a resume as executives admit years of underpaying staff…

    8 July, 2022

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