News

MHL Hotel Collection Acquires Powerscourt Hotel Resort & Spa

MHL Hotel Collection Acquires Powerscourt Hotel Resort & Spa

The MHL Hotel Collection has agreed to acquire the 5-star Powerscourt Hotel Resort & Spa in Powerscourt, Co Wicklow, from Sugarloaf Investments Ltd (a consortium comprising Midwest Holding, Tetrarch Capital and Brehon Capital Partners) for an undisclosed sum. The transaction is subject to approval from the Competition and Consumer Protection Commission.

Owned by a partnership comprising John Malone, John Lally and Paul Higgins, the MHL Collection comprises 11 4-star and 5-star hotels, almost 2,000 bedrooms and over 1,800 staff at locations in Dublin (7), Galway (3) and Limerick (1). Acquisitions over recent years include the InterContinental and the Westin in Dublin, as well as The Galmont in Galway (formerly the Radisson Blu).

Powerscourt Hotel Resort & Spa is one of Ireland’s most luxurious 5-star hotels, comprising over 200 bedrooms, more than 1,100 sq m (12,000 sq ft) of meeting and conference space, a popular restaurant, lounge and traditional Irish pub, as well as an award-winning spa, pool and leisure facilities. Located alongside two championship golf courses and the renowned Powerscourt Estate Gardens, Powerscourt is a 30-minute drive from Dublin city centre. Opened in 2006 as a Ritz Carlton, the hotel was acquired in 2013.

Paul Higgins, Partner, The MHL Collection, said: “We are very pleased to add Powerscourt Hotel Resort & Spa to the MHL collection, where it joins a 5-star line-up that includes the InterContinental, the Westin and Glenlo Abbey, as well eight superb 4-star hotels, all of which have undergone or are undergoing significant investment.

“This latest acquisition supports our continuing aim of acquiring and managing a collection of high-quality hotels, both branded and non-branded, and investing heavily to enhance customer experience and future performance.”

The MHL Hotel Collection is the second largest hotel group in Dublin city with over 1,250 5- and 4-star bedrooms and more than 1,850 bedrooms nationally. Revenues in 2018 exceeded €150 million. The MHL Hotel Collection includes:

  • Dublin (7): The Westin, The Intercontinental, The Trinity City, The Spencer, The Morgan, The Beacon and The Hilton Dublin City
  • Galway (3): The Galmont Hotel & Spa and sister hotels – Glenlo Abbey Hotel & Golf Resort and the Harbour Hotel, and
  • Limerick (1): The Strand Hotel (Limerick).
Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Michael Flood is the Editor of Ireland's leading travel industry publication, Irish Travel Trade News. With more than 35 years experience, he has accumulated an in-depth knowledge of the airline industry and the travel and tourism world.

More in News

Aer Lingus Plans Four New Routes ex Dublin for Summer 2020

Michael FloodNovember 13, 2019

My Hertz Weekend Launches in New European Markets

Neil SteedmanNovember 13, 2019

Celebrity Cruises Launches ‘Sail Your Way’ to the Trade

Michael FloodNovember 13, 2019

Next Week is Oscars Time! Book Your Seats Now for the ITTN Awards Gala Dinner

Neil SteedmanNovember 12, 2019

CAR Issues Three New Travel Agent Licences, Removes 10 Others from List

Neil SteedmanNovember 12, 2019

Win Two Business Class Tickets with Air France-KLM/Delta to the USA

Michael FloodNovember 12, 2019

Meadhbh Byrne is Wildcard Winner in ITTN+EMIRATES Travel Photographer of the Year

Michael FloodNovember 12, 2019

Cork Airport – One of 13 Sponsors for 2019 ITTN Awards

Neil SteedmanNovember 12, 2019

Magnificent Norwegian Encore Joins the NCL Fleet

Michael FloodNovember 12, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland