Beannchor dances way into Dublin hotel market
Northern Ireland hospitality giant Beannchor has confirmed it has snapped up the headquarters of stage extravaganza Riverdance on Dublin's Capel Street as the site of a new hotel.
A spokeswoman for the Merchant Hotel owner said that it had bought 133 Capel Street for around €5m (£4.3m).
Business Telegraph sister publication Hospitality Review had revealed earlier this month that Beannchor was looking at a site in Capel Street for a Bullitt Hotel.
Beannchor, which is led by Bill Wolsey and his sons Conall and Luke, opened the first Bullitt - inspired by the Steve McQueen movie of the same name - in Belfast last year.
Details of the purchase of the headquarters of Riverdance were revealed in the Sunday Times and confirmed by Beannchor's spokeswoman yesterday.
Capel Street is a historic district known for its independent businesses and described as "pure, dyed-in-the-wool Dublin".
And the spokeswoman confirmed that the new Dublin hotel would have 100 rooms.
Bullitt is the latest addition to the wide interests of the Beannchor Group. It owns a large number of bars which are leased out to tenants, as well as operating its own pubs in Belfast such as The National, Dirty Onion and Muriel's. It's also known for its Little Wing chain of pizzerias.
Riverdance founders John McColgan and Moya Doherty are believed to be moving to another Dublin building owned by their company Abhann Productions.