Bono, The Edge and Paddy McKillen Snr sold facility last October to the Dean Hotel Group
The Clarence Hotel in Dublin. Pre-tax profits at the four-star facility in Dublin’s Temple Bar last year more than trebled to €1.43 million. Photograph: Dave Meehan/The Irish Times
In March of this year, Paddy McKillen Jnr and business partner, Matt Ryan sold a majority stake in the Dean Hotel Group, that included the boutique Clarence Hotel, to British property group Lifestyle Hospitality Capital and Elliott Investment Management, the New York-headquartered investment giant founded by billionaire Paul Singer.
However, the hotel continues to trade on its U2 association with the hotel website stating that the hotel is “also known as the ‘U2 Hotel’ or ‘Bono Hotel’ in Dublin”. The new owners have already moved to exploit the continuing high demand for hotel rooms in the capital with planning documents lodged with An Bord Pleanála recently confirming that the preparation of the planning application for the Clarence and Dollard House is under way and the consultation with the Council has commenced.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
James Clarence Mangan: Bohemian and outsider, the Shane MacGowan of his dayBridget Hourican on trying to get under the skin of a long-dead Irish poet
Read more »
Visions of Mangan in the 21st Century – Frank McNally on a new book about the “Baudelaire of the Liberties”James Clarence Mangan was a rock star before his time
Read more »
Bright start for Connacht with pre-season win over SaleConnacht led 14-0 at the break.
Read more »
What time and TV channel is Bath v Munster on today in pre-season friendly?Munster are in England to face Bath in a pre-season friendly
Read more »
Pre-Christmas trip to Chelsea as Shamrock Rovers European fixtures revealedShamrock Rovers start out at home to APOEL FC on 3 October.
Read more »
Diarmuid Barron captains Munster for pre-season clash with BathA 30-strong squad travels to The Rec for friendly with Johann van Graan’s side.
Read more »