Citywest hotel owner received €68m to accommodate asylum seekers and Ukrainian refugees

The owner of the country’s largest hotel, Citywest received over €1.3m on average per week in 2024 for accommodating Ukrainians and International Protection (IP) applicants. Picture Colin Keegan
The owner of the country’s largest hotel, Citywest received over €1.3m on average per week in 2024 for accommodating Ukrainians and International Protection (IP) applicants.
New figures show that the €68.27m (including vat) was paid out to Cape Wrath UC, which is owned by investment group Tetrarch Capital and runs the 764-bed Citywest Hotel and convention centre in Saggart, Co Dublin. This represents a 27% increase on the €53.7m paid out to the hotel firm in 2023.