Ireland's largest hotel owner Dalata acquires Amsterdam's Hard Rock Hotel

The Netherlands hotel is the latest to be added to Dalata's €1.6bn total asset portfolio and marks the company's second hotel in Continental Europe

The 4-star hotel is located in central Amsterdam on the corner of Leidsekade Canal and Leisesplein Square, the city's district of culture and entertainment. (Photo by Ana Fernandez/SOPA Images/LightRocket via Getty Images)

Ireland’s largest hotel group Dalata has purchased its first hotel in the Netherlands, buying Amsterdam's Hard Rock Hotel for an undisclosed amount.

The Clayton and Maldron owner has agreed contracts with hospitality group, Zien, to acquire the entire issued share capital of American Hotel Exploitatie BV, which holds the operational lease of the Hard Rock Hotel Amsterdam American.