The best news, analysis and comment from The Irish Times business desk
Kennedy Wilson
Sale of Shelbourne Hotel this year netted its owner a $99m profit but questions are being asked about how the new owners can make a return on their investment
Five-star Dublin hotel was sold to Archer Hotel Capital and details of the gain for Kennedy Wilson were included in a stock market filing in the US
Block forms part of wider south Dublin residential scheme now largely owned by Kennedy Wilson
Kennedy Wilson attribute a jump in turnover ‘mainly due to the strong performance’ of the five-star hotel
Block 2 at Blackrock Business Park producing rental income of €999,999 per annum from strong tenant line-up
Hefty price has raised eyebrows within the hospitality industry
The Taylor Swift effect this summer is just one in a series of big events that is boosting room rates
Seen & Heard: Energy for data centres and ‘brain drain’ warning
Torriam, a subsidiary of Marriott International, operates the luxury hotel under licence from Kennedy Wilson
Kennedy Wilson’s hotel revenues jumped by more than 18% to $16.4m
Projects are in Coopers Cross, The Grange, and Sanford Lodge, and bring Irish portfolio to more than 3,300 units
Scheme in Dublin’s south docklands features dedicated telecommunications rooms to guard against data theft
Average daily room rate at Stephen’s Green establishment increased more than 20% to €389 in the first quarter
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