The iconic Buswells Hotel in Dublin has been placed on the market by property advisor, Savills Ireland with a guide price of €22 mln.
Located across from Leinster House – the parliament of Ireland – the hotel is a popular gathering spot for politicians and journalists, along with international tourists.
This 67-bedroom hotel has successfully operated as a hotel since the 19th century and is offered for sale free of management agreement and brand and represents a rare opportunity to invest, reposition and extend (SPP) in a top European capital. The hotel has extensive food & beverage and conference & meeting facilities and has outstanding transport links.
Tom Barrett, Head of Hotels & Leisure, Savills commented: ‘Buswells is in the best Dublin location. Prime, but discreet and at the centre of everything an upscale hotel guest requires. Recent STR data for Dublin shows strong trade, with July occupancy of 86% at an ADR of €188 and RevPAR 21% above July 2019. This hotel presents a very rare opportunity to add value to a trophy Dublin hotel.’