FBD Hotels & Resorts (FBD H&R) has agreed to purchase the Grand Hotel in Malahide, Co Dublin, for a maximum of €55 million. This acquisition will add the iconic hotel to FBD H&R's portfolio, making it their seventh property. The Grand Hotel, dating back to 1835, boasts a rich history and is a popular destination for conferences, weddings, and leisure travelers. The Ryan family, who owned and operated the hotel since 1974, will pass the stewardship to FBD H&R, marking a new chapter for the historic establishment.
FBD Hotels & Resorts has agreed a deal to buy the Grand Hotel in Malahide, Co Dublin for as much as €55 million.
“We are honoured to be entrusted with the stewardship of this historic hotel, whose rich heritage and enduring legacy have made it a symbol of excellence in hospitality.” Matt Ryan took over the four-star hotel in 1974 and it has remained in the Ryan family since. It has expanded steadily in that time, adding a conference centre in 1982. The hotel employs about 200 people.
HOTEL ACQUISITION FBD HOTELS & RESORTS GRAND HOTEL MALAHIDE IRELAND
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