MHL, one of Ireland's largest hotel operators, is set to complete three major projects in 2023, including a €25 million redevelopment of the Hilton Hotel in Dublin, a refurbishment of Brooks Hotel, and a new Moxy-branded hotel in Belfast. The company's co-founder, Mr. Higgins, also criticized the Irish Government's inconsistent approach to VAT cuts for the hospitality sector.
Once the redevelopment is completed, the Hilton Hotel near the Grand Canal in Dublin will be the largest property in the MHL collection. Photograph: Bryan O'Brien
Mr Higgins said the group expects to finish work on three big projects this year: the redevelopment of the Hilton Hotel near the Charlemont Luas stop in Dublin; the refurbishment of Brooks Hotel on Drury Street in Dublin 2; and the opening of a new hotel in Belfast under Marriott’s Moxy brand, MHL’s first property outside the Republic.
“That’s a €25 million construction project. It’s the largest construction project we have done for probably 15 years within the group,” he said. In Belfast, where MHL added its first property outside the Republic last September with the acquisition of the former Radisson in the city centre, the group is set to open its 14th hotel in the summer.
Separately, Mr Higgins said the Government’s vacillation on the prospect of a VAT cut for the hospitality sector was unhelpful. He said the Coalition’s plan remains “uncertain” and the sooner it comes out with a definite plan, the better for the accommodation sector and wider hospitality industry.Woman living ‘exotic’ lifestyle fails to overturn order allowing receiver to sell her home
HOTEL INDUSTRY VAT RATE MHL IRELAND CONSTRUCTION PROJECTS
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