conrad dublin
Park Hotels & Resorts Inc. Closes Sale of the Conrad Dublin
Park Hotels & Resorts | November 14, 2019
TYSONS, Va.-- November 14, 2019 --Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) today announced that it and its joint venture partners have closed on the sale of their interests in the company that owns the 192-room Conrad Dublin (the “Hotel”) located in Dublin, Ireland, for gross proceeds of €116.4 million, before customary closing adjustments and debt repayment. The gross proceeds equate to approximately $128 million, or $667,000 per key. Park’s pro rata share of gross proceeds was approximately $61 million. The sale price represents a 3.9% capitalization rate on the Hotel’s projected 2019 net operating income, or 22.1x th...
Conrad Dublin Appoints Kevin Brennan as Director of Operations
Conrad Hotels & Resorts | August 6, 2018
DUBLIN, Ireland – August 6, 2018 — Conrad Dublin announces the appointment of Kevin Brennan as Director of Operations, bringing more than a decade of experience to the recently-refurbished luxury hotel in the heart of Dublin. In his role, Kevin oversees the day-to-day operations of the 192 guestrooms and suites, meetings and events facilities and three food and beverage outlets, including Lemuel's Bar and Lounge, Alfie Byrne's by Galway Bay Brewery and The Coburg Brasserie. "We are thrilled to welcome Kevin Brennan to the team as Director of Operations for the hotel," said Martin Mangan, general manager of Conrad Dublin. "We...
