Wednesday 26 October 2016

Hotelier eyes former Berkeley Court site

Hotel operator Dalata will look to play a part in any deal for the former Jurys and Berkeley Court (now Clyde Court) hotels in D4.

The site holding the two hotels went on the market last week and is expected to fetch between €120m and €150m. It has planning permission for a new hotel and hundreds of apartments.

While Dalata is considered unlikely to buy the site outright, company CEO Pat McCann said he was "very interested" in being involved in the future development at the hotels.

"It's a fantastic location, and it's something that we would hope to be involved in," he said.

Company chairman John Hennessy added that he believed there was "scope for a bigger hotel" than what was already provided for in the existing planning permission.

Both men were speaking after Dalata's first annual general meeting as a public company, at which 11pc of investors voted against the directors' remuneration.

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