Clarion Hotel for sale with €30 million pricetag

With a price tag of €30m-plus, Cork City’s Clarion Hotel is the most valuable Irish hotel outside of Dublin to come to the open market since the economic downturn.

And, with 191 bedrooms, it’s also the largest hotel in Cork — and it enjoys very high occupancy levels.

Given those occupancy levels, bed rates, and profitability plus positioning, this long-awaited Nama hotel sale offer is expected to get very widespread interest and strong, overseas bids, as well as offers from local Irish investors after an unprecedented shake-up in Irish hotels ownership.