Burlington on sale for quarter of boom’s €288m price tag

The landmark Burlington Hotel is for sale with a price tag of just a quarter of the €288m it sold for five years ago.

Burlington on sale for quarter of boom’s €288m price tag

The hotel was bought from the Doyle family, along with an adjoining site for a further €100m, by developer Bernard McNamara at the height of the boom.

While Mr McNamara’s debts now amount to about €2bn, and include a number of hotels and a share of the costly Glass Bottle site, the 501-bed Burlington Hotel has continued under receivership/management to trade successfully.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited