Sale of Dublin’s Marker Hotel for €125m being considered by owners
The five-star Marker Hotel in Dublin is being readied for a potential sale at a guide price of between €120m and €125m.
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While a selling agent has yet to be formally appointed by the Marker's owners, Midwest Holding AG, and an investor group led by Brehon Capital Partners, Brehon's managing director, Kevin McGillycuddy confirmed that the sale of the hotel was now being considered.
"We have had several reverse inquiries over the past years given The Marker's reputation as one of Dublin's top hotel destinations," he said.
"This has led us to begin exploring a potential sale at a later stage this year but no one has been formally appointed to date and there are many factors that will influence that ultimate decision."
News of the Marker's potential sale comes just three weeks after the five-star Conrad Hotel had been put on the market for a guide price in excess of €115m.
The Conrad Dublin, as it's now known, is owned by Hilton Worldwide, the Cashel Fund and life and pensions group Aviva.