Denver billionaire closes on Dublin Westin

Irish eyes are smiling on Denver billionaire John Malone, who has completed a reported €65 million deal (roughly $88 million) for Dublin, Ireland's Westin Hotel. The property is the latest addition to Malone’s Irish portfolio, which also includes the Trinity City Hotel on Pearse Street and the Hilton Dublin.

Malone, who made his fortune in telecommunications, has invested in the three properties through the Lalco Hotel Group.

Malone is reportedly the largest individual land-owner in the US, with a holding of close to 2.2 million acres in Maine, Maryland, New Mexico, Colorado and Wyoming.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

As reported by Ireland's The Journal, Lalco director John Lally said that the Westin “fits exceptionally well with the profile of our other properties in terms of location and iconic status and our objective is to maintain its position as one of Ireland’s leading five star hotels.”

In addition to the Dublin hotels, Lalco also runs The Strand in Limerick, The Harbour Hotel in Galway and the Glenlo Abbey Hotel and Golf Club.

Read more on

Suggested Articles

The two locally owned resorts join the Benchmark Resorts & Hotels brand as a result of the deal.

The combined company now will own and operate a portfolio of 40 hotels totaling more than 5,000 guestrooms.

The global crisis will provide significant merger and acquisition opportunities for hospitality companies willing to take the risk.