Malone Partnership to acquire Intercontinental Hotel, Dublin

(Formerly The Four Seasons)

Hotel and visitors to benefit from planned €5 Million investment

A John Malone Partnership (‘JMP’), comprising John Malone, Paul Higgins and Lalco,  has agreed to acquire the InterContinental Hotel, Ballsbridge (formerly the Four Seasons Hotel) from London & Regional Property, for an undisclosed sum.  JMP in conjunction with InterContinental Hotel Group (‘IHG’) will invest over €5 million to further enhance the experience of visitors to Dublin’s premier 5 star hotel.

Subject to approval by the Competition and Consumer Protection Commission, the transaction is expected to complete within 30 working days.  JMP already owns the 5 star Westin Hotel as well as the Trinity City Hotel, The Hilton Dublin and the Limerick Strand Hotel.

The InterContinental Hotel which had traded as the Four Seasons Hotel since it opened in 2001 was acquired by London & Regional in mid 2011.  Since 1 January 2015 it has operated as the 5 star InterContinental Hotel, Dublin, under a franchise agreement from IHG.   Situated in Dublin’s prestigious Ballsbridge area, the hotel features 197 guest rooms inclusive of 58 suites, an indoor swimming pool, spa & fitness centre, two restaurants and two bars. It also boasts impressive meeting and event space with two ballrooms totalling more than 15,000 square feet (over 1,400 square meters).

Commenting, Paul Higgins, partner in the JMP said: “John Malone and partners are thrilled to be associated with a hotel that holds such a special place in the hearts and minds of discerning visitors to Dublin.  Now operating under the premium InterContinental brand our planned €5 million upgrade will further enhance all aspects of the visitor experience and will ensure that the InterContinental will maintain and enhance its position as Dublin’s finest 5 star hotel.”

IHG is one of the world’s leading hotel companies and operates under a broad portfolio of nine hotel brands.  InterContinental® Hotels & Resorts is its premium, 5 star brand with 180 high-end hotels in 60 countries. IHG franchises, leases, manages or owns over 4,840 hotels and 710,000 guest rooms in nearly 100 countries.

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