Ireland: The Morrison, a DoubleTree by Hilton Hotel, is to be put on the market at a guide price of €80 million.
Located on the River Liffey in the centre of Dublin, The Morrison comprises 145 guest rooms and suites, seven meeting and events spaces, food and beverage outlets as well as a fitness centre.
The hotel is being sold subject to a franchise, and offers operational flexibility for a new owner. There is potential to enhance the facilities, with scope for further development through the acquisition of adjoining buildings.
Paul Collins, head of hotel investment properties in the UK and Ireland at CBRE, said: “The Morrison has enjoyed tremendous trading success in recent years and presents an unrivalled opportunity to invest in a Dublin gem situated in a truly central location. The strengthening corporate demand in the city centre and booming tourism numbers contribute to the continuing Dublin growth story.”
