Dalata Hotel Group has bought the Radisson Blu at Dublin Airport in a deal worth €83 million.
The four-star hotel, which has 229 bedrooms, meeting and event facilities and on-site parking, is located near Dublin Airport’s second terminal. It was refurbished in 2019, and has two significant planning approvals that will bring development opportunities in the future.
The Radisson is currently managed by Windward Asset Management. In 2023, the hotel had earnings before interest, tax, depreciation and amortisation of €6.5 million.
The deal, which is expected to close in the first half of next year, must be sanctioned by competition regulators. Once complete, Dalata plans to rebrand the property as a Clayton Hotel. Dalata, Ireland’s biggest hotel chain, already operates the Maldron Hotel at Dublin Airport, but that operating licence is due to expire in January 2026.
Romantasy, QuitTok and other words from a dystopia-coded year
Have Ireland’s data centre builders shot themselves in the foot through their own greed?
The old order of globalisation may be collapsing – and bringing Germany with it
Wonderwallets: the cost of everything in 2024, from Oasis tickets to Leinster House bike shelter
“The acquisition of this hotel is a compelling opportunity to secure a strong revenue generating hotel in an excellent location. This hotel is well positioned to provide hospitality services to Dublin Airport passengers and the greater north Dublin community, supporting both the local and national economies,” said Shane Casserly, deputy chief executive of Dalata Hotel Group.
“The hotel aligns with our investment criteria and offers us the very attractive opportunity to invest and further develop the hotel offering on the overall site, delivering greater investment returns into the future.”
Separately, hotel group Accor and the Arora Group have broken ground on a new hotel at Dublin Airport. The Sofitel Dublin Airport, a first in for the chain in Ireland, is expected to open in late 2026. Directly linked to Terminal 2, it will have 412 rooms and suites, an all-day dining restaurant, a tea salon and a sky bar located on the 11th floor.
- Sign up for the Business Today newsletter and get the latest business news and commentary in your inbox every weekday morning
- Opt in to Business push alerts and have the best news, analysis and comment delivered directly to your phone
- Join The Irish Times on WhatsApp and stay up to date
- Our Inside Business podcast is published weekly – Find the latest episode here
