RIU Hotels & Resorts recently confirmed that it has completed the purchase of Gresham Hotel on O’Connell Street, in Dublin, for $103 million.
Fast-approaching its 200th anniversary, the hotel, which was renovated in 2013 to offer modern and contemporary services, offers a glimpse into the Irish capital city’s fascinating tradition and history.
RIU Plaza The Gresham Dublin hotel is home to 323 rooms and suites, 20 function rooms, a restaurant and a bar. In an ideal location, it is in close proximity to a handful of famous sites, including the River Liffey, Croke Park, Dublin Castle, the iconic Temple Bar and the Henry Street shopping area. It is also only 20 minutes from the airport and very close to the new Convention Centre of Dublin.
Commenting on the news was CEO, RIU Hotels & Resorts, Luis Riu: “Dublin is now one of the most interesting cities for investment. Its tourism industry is booming, demand for rooms rising and the city is putting a lot of money into its infrastructure. We are extremely pleased with the purchase of this hotel in one of the most beautiful European capitals. We are sure that it will be the perfect addition to our collection of Riu Plaza hotels and many returning RIU clients will be drawn to discovering this destination with us.”
Following the completed purchase, the property will undergo only a few minor adjustments to the facilities to represent the RIU brand and standards.
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