An iconic hotel in Dublin is to be transformed into a 70-bed boutique hotel after an estimated £163m investment, according to reports in the Dublin Herald.
It’s thought that property developer Johnny Ronan will create a new upmarket establishment at the site of the former Bewleys hotel in the city centre.
The plan is part of Ronan’s wider proposal to build four hotels in the area.
The famous Harry Clarke stained-glass windows will be a central feature in the project, which will be developed by Ronan Group Estate.
Ronan also plans to build a 167-bedroom, four-star hotel named Aquavetro in what will be Dublin’s tallest building, a 22-storey waterfront tower.
The announcement comes only days after a report by property agents Jones Lang Lasalle (JLL) which warned that Dublin needs as many as 3,000 new hotel rooms or it will continue to lose out on attracting international events to the city.
Shane Whelan, development director for the Ronan Group, said: "The last lease we signed was with Starwood for the Westin Hotel in 1996. Leases are now back in vogue as hotel operators don’t need their capital tied up in bricks and mortar.”
In a third major development, Ronan will develop The Enniskerry Park Hotel, a 200-bed hotel on a 4.5-acre site in Enniskerry, neighbouring the former Ritz-Carlton Hotel.
The fourth major project that will round off the current plan for Ronan Group Real Estate’s hotel development portfolio, is the development of a site in the village of Delgany, Co Wicklow.