Established in 1835, the Grand Hotel has been owned by the Ryan family since 1974 and currently employs over 200 staff. It is a well-known destination for tourists, conferences, and weddings.
The acquisition, pending approval from the Competition and Consumer Protection Commission (CCPC), will make the Grand Hotel the seventh property in FBDH&R’s portfolio of luxury four-star and four-star superior hotels and resorts.
FBDH&R already owns and operates four hotels in Ireland: Faithlegg Hotel in Waterford, The Heritage Hotel and Spa in Laois, Castleknock Hotel in Dublin, and Killashee Hotel in Kildare.
As with previous acquisitions, FBDH&R has expressed plans to invest in upgrading the Grand Hotel. Planned enhancements include refurbishing guest rooms, bars, and dining areas, as well as improving conference, wedding, and leisure facilities. Additionally, the company aims to upgrade IT infrastructure, marketing efforts, and staff professional development.
David Kelly, Chief Executive of FBDH&R, commented: *“We are delighted to have reached an agreement with the Ryan family. The Grand Hotel in Malahide is an iconic property in one of Ireland’s most unique locations.
“We are honoured to be entrusted with the stewardship of this historic hotel, whose rich heritage and lasting legacy have made it a symbol of excellence in hospitality.”*