Central Hotel is a landmark 70-key hotel that first opened in 1887. The asset is located in the heart of Dublin 2, within walking distance of Grafton Street, Ireland’s prime high street.
This investment represented a unique opportunity to acquire an undermanaged operating asset in one of Dublin’s best locations, with the potential to undergo an accretive value-add business plan involving an expansion of the room count, improvement of F&B offering and the creation of a boutique product that resonates with the increasingly cosmopolitan demography of Ireland’s capital. Our operating partner is BCP, who are Irish specialists with an extensive track record in the re-development and refurbishment of real estate assets. Windward Management, one of Ireland’s leading Hotel Management companies, has been brought in as the hotel operator.