A surge in performance by lower-profile properties in the Dean Hotel Group made 2025 the first profitable year on an operating basis for the Irish hospitality business in which Paddy McKillen Jr sold a majority stake to new international investors in March 2024. While the group’s Clarence Hotel closed down for redevelopment last year and the Dean on Dublin’s Harcourt Street improved its profitability slightly, the group’s other Irish hotels tripled their earnings before interest, depreciation and amortisation (Ebitda), according to the latest financial information from group companies. Three holding companies each consolidate a sub-group in the business. The largest,…

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