The iconic Grand Hotel in Malahide has been sold for €55 million, marking a new chapter after 50 years with the Ryan family
The new owners are FBD Hotels and Resorts, a mix of Irish and Spanish folks. They plan to upgrade the hotel, which has been around since 1835. It’s a popular spot with over 200 employees.
They’re excited about adding the Grand Hotel to their collection. This includes other hotels like Faithlegg and Castleknock. It’s all about expanding their reach in Ireland and Spain.
Of course, the deal needs the green light from the CCPC. If all goes well, FBD Hotels will have nearly 1,400 beds across their properties.
David Kelly, the CEO, expressed his excitement. He called the Grand Hotel an iconic place in a unique setting. He’s ready to honor its rich history while making it even better.
The Ryan family shared their pride in the hotel’s legacy. They thanked loyal guests and the dedicated team. They feel confident passing it on to new owners who share their vision.
This is a fresh start for the Grand Hotel, and it sounds like exciting times ahead!
