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Dublin Live
Dublin Live
Business
Mark O'Brien

Top Dublin hotel The Marker put up for sale for an eye-watering €125 million

One of Dublin's top hotel has been put up for sale with an asking price of an incredible €125 million.

Owners CBRE Hotels have confirmed The Marker, on Grand Canal Dock, has been offered to the market.

The five-star property includes 187 guest bedrooms (including 18 Executive Rooms and 3 Suites), the ground floor Brasserie and Marker Bar, Spa facilities, the Marker Rooftop Bar and Terrace and extensive conference and banqueting facilities.

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The hotel also has full planning permission to add an additional 60 guest bedrooms and a new rooftop bar and brasserie that will trade all year round.

Paul Collins, Head of Hotel Investment Properties UK & Ireland, CBRE Hotels, said: “The sale of The Marker offers an exceptional opportunity to acquire a luxury hotel, free of branding or management, which provides a purchaser with flexibility and a range of options for future asset management initiatives.

"Since its opening in 2013, the hotel has established itself as a true landmark in the city and has played host to a myriad of celebrities, politicians and business people.

"The very valuable planning permission to increase the bedroom count to 247 keys will further improve the already strong trading performance of the hotel.”

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The Marker benefits from a wealth of corporate guests due to its close proximity to the headquarters of a number of multi-national giants.

Facebook, Google, AirBnB and Salesforce all have offices nearby while the hotel is also a short walk from the Bord Gais Energy Theatre.

Further information on the sale is available on  www.project-checkmate.com

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