Hanrattys spread hotel wings in Britain
They have acquired Edinburgh’s four-star Royal Terrace from the Meridien Group (owners of Dublin’s Shelbourne Hotel) for €11 million, jointly with their UK business partners Liam and Sylvia Walsh.
The Hanratty family sold the Howth Lodge in Dublin several years ago, to Cosgrove Brothers for an unconfirmed £8 million, and a scheme of over 50 very upmarket apartments is close to going to market, some individually in the multi-million euro category.