The Four Seasons hotel in Dublin has been put up for sale by its owners, after posting a €2m loss, according to reports in the Irish press. The hotel has been suffering with low occupancy levels for some time.
The hotel opened in 2001, having cost around €90m to build, with a €50m loan from Anglo Irish Bank. With 183 rooms and 14 suites, the hotel is owned by the Nollaig Partnership, a group of 20 investors. CBRE have been appointed to find a buyer; Four Seasons are expected to continue their management agreement.