Five-star Powerscourt Hotel sells for €50m

The hotels group backed by Virgin Media owner John Malone has paid around €50m for the five-star Powerscourt Hotel in Wicklow.

It will become part of the American billionaire’s MHL Collection of hotel properties in Ireland, which includes the Westin, InterContinental, Hilton, Morgan, Spencer, and Trinity properties in Dublin, and the Limerick Strand Hotel and Glenlo and Harbour Hotel in Galway.