Dalata takes over airport Clarion
Ireland's biggest hotel group, Dalata, is taking over the operation of the Clarion Hotel at Dublin Airport after it was bought by the DAA for more than €10m.
Dalata, which is headed by former Jurys Doyle boss Pat McCann, has inked a 10-year agreement with the Dublin Airport Authority (DAA) to run the hotel, which will be re-branded as a Maldron property in the new year. The 150 staff at the hotel will become employees of Dalata.
The DAA bought the hotel after it was put up for sale this year through Savills by receiver Kieran Wallace of KPMG.
NAMA appointed Mr Wallace as receiver in 2011 over a group of seven hotel properties with loans that were held by a number of syndicates.
Savills was marketing the airport hotel with a guide price of €10m. It's thought that there was significant interest in the property.
The estate agency said that the hotel was profitable.
Speaking to the Irish Independent, Mr McCann said that the Dalata deal to operate the 247-bedroom, four-star property was "very positive" for the hotel group and the DAA.
DAA commercial director Maurice Hennessy said he was looking forward to having the Maldron hotel brand at the airport.
Mr McCann said he was also pleased that the deal to operate the hotel has extended Dalata's footprint in the capital.
Dalata operates 12 Maldron hotels in Ireland and the UK, while it also operates an additional 21 hotels on a management contract basis. It controls over 5,200 hotel bedrooms.