Burlington put up for sale

on 29/08/2012 07:12:28

Dublin's largest hotel, the four-star Burlington, has been put up for sale at a guide price of between €65-75m.

CBRE Hotels will sell the property by private treaty on behalf of Paul McCann of Grant Thornton, the hotel's receiver.

The 501 bedroom hotel, occupies a 3.8 acre site in Dublin 4.

Dublin's hotel market has experienced a strong recovery in the last two years, making it one of the best performing hotel markets in Europe today.

The Burlington Hotel has benefited enormously from that turnaround, and is now Ireland's most profitable hotel.