Dublin, Ireland Ibis hotel hits market for 160 percent more than acquired for

A UK consortium that acquired the Ibis Hotel opposite the Red Cow Luas interchange in west Dublin two years ago for just over €5 million, is now turning around and trying to sell it for upwards of €13 million.

Cannock Ltd owns the 150-room hotel, which is operated under a franchise agreement by Accor Hotels, and is marketing it through selling agent Christie & Co. The property is being offered inclusive of an adjoining site of 0.81 of an acre zoned for residential use.

Christie & Co's Dave Murray told The Irish Times that the hotel presented "a rare opportunity for investors and developers to acquire a highly profitable, limited-service hotel along with an adjoining development site beside Ireland’s busiest motorway junction—the M50/N7 intersection."

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


The 17-year old hotel has two meeting rooms and an open-plan, ground-floor space, which includes a bar, lounge and dining areas with space for approximately 100 people. There is also a parking lot with 180 spaces.

Suggested Articles

The hospitality procurement services provider has been making sure hotels have everything they need to maintain guest and employee safety.  

Champions For Better Business assists hotels with the logistics of removing furniture, fixtures and equipment as part of a renovation or conversion.

After launching in North Carolina, the brand will expand into Virginia, Tennessee, South Carolina and Texas.