The Hilton Dublin Airport Lodge, a first-rate 4-star property, is now available on the market, providing traders a strategic location and promising progress potential.
The Hilton Dublin Airport Lodge, a full-service 4-star institution, is now obtainable for buy. Appointed because the unique promoting agent, JLL is dealing with the sale of this 179-guestroom resort. Located in a quickly increasing resort market, the property is strategically positioned close to Dublin Metropolis’s M1 and M50 motorways, offering easy accessibility to each Dublin Metropolis Centre and Dublin Airport.
Property Overview
Opened in 2006, the Hilton Dublin Airport Lodge options 179 spacious guestrooms, the Burnell Bar & Grill, and standard assembly areas. The resort additionally provides in depth safe parking and full air-con all through. The property is obtainable on the market with the advantage of a protracted leasehold title, initially granted for a 475-year time period at a nominal lease. The resort has a well-established buying and selling historical past and an enhancing web working earnings (NOI), making it a pretty funding in a extremely sought-after city market.
Funding Highlights
The Hilton Dublin Airport Lodge is located in a high-profile location on the entrance to the Northern Cross Enterprise Campus. This space is a well-liked workplace and retail scheme that hosts main firms comparable to Mylan, Aramark, and Experian. The resort’s proximity to Dublin Metropolis Centre and Dublin Airport enhances its enchantment to each enterprise and leisure vacationers.
Constructed by Partitions Development, one among Eire’s main constructing contractors, the resort is a contemporary, purpose-built facility. It options 179 well-appointed guestrooms, a refurbished Burnell Bar & Grill, and the Partitions Suite ballroom with a 250-person capability. The property additionally consists of in depth floor and underground automobile parking.
Operational Particulars
The Hilton Dublin Airport Lodge operates beneath a administration settlement with Hilton, which is ready to run out in 2025. The resort has efficiently capitalized on robust passenger site visitors at Dublin Airport and the demand from Dublin Metropolis Centre. It’s a worthwhile and well-managed enterprise with thrilling scope for additional efficiency progress. The current addition of 13 model new keys additional enhances its capability and enchantment.
Market Context
Dublin’s resort market has been experiencing important progress, with RevPAR (Income Per Accessible Room) ranges remaining robust. The current €320 million runway extension at Dublin Airport is anticipated to additional enhance passenger site visitors, benefiting close by motels just like the Hilton Dublin Airport. The resort’s strategic location and established popularity make it a compelling funding alternative for potential patrons.
Inquire at JLL.