Dublin’s Dean Hotel returned an €8.8 million loss out of €12.8 million in revenue in 2023, new financial information shows. In March 2024, investment firms Elliott Management and Lifestyle Hospitality Capital (LHC) acquired a majority stake in the hotel from Paddy McKillen Jr and Matt Ryan, for a consideration of just over €13 million as part of the wider transaction that separated the Dean Hotel Group from their hospitality business Press Up. New accounts consolidated by Warlington Key Ltd, the company consolidating the subsidiaries that own and operate the Dean Hotel in Dublin, show that it generated €6.6 million in…

Want to continue reading?

Avail of our LIMITED TIME special offer and access this piece – and everything else on The Currency – for one month for just €1.

Subscribe

Cancel at any time.

Are you already a member? .