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This US billionaire has just bought ANOTHER Irish hotel

We guess he likes it here.

A US BILLIONAIRE with a penchant for Irish property has just bought another one of the country’s hotels.

John Malone, alongside his JMP partners Paul Higgins and Lalco, has agreed to purchase the InterContinental Hotel in Ballsbridge, Dublin (formerly the Four Seasons Hotel) from London and Regional Property, for an undisclosed sum.

The partnership and InterContinental Hotel Group will invest over €5 million “to further enhance the experience of visitors to Dublin’s premier five-star hotel”, according to a statement released today.

The deal still needs to be approved by the Competition and Consumer Protection Commission, but is the expected to be completed within 30 working days.

Malone, the biggest private landowner in the US, already owns the five-star Westin Hotel, as well as the Trinity City Hotel, The Hilton Dublin and the Limerick Strand Hotel.

ic lounge The InterContinental lobby IHG.com IHG.com

The InterContinental Hotel, which had traded as the Four Seasons Hotel since it opened in 2001, was acquired by London and Regional in mid-2011.

The hotel’s name was changed in January. It features 197 guest rooms including 58 suites, an indoor swimming pool, a spa and fitness centre, two restaurants, two bars, meeting rooms and a 15,000 square foot ballroom.

Higgins said John Malone and partners are “thrilled to be associated with a hotel that holds such a special place in the hearts and minds of discerning visitors to Dublin”.

Who is this US billionaire who is buying up half of Ireland’s hotels?

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21 Comments
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    Mute Byyys
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    Jan 18th 2015, 4:50 PM

    incredible works of art? not really… just some guy taking a few snaps using a a 8MP camera with some filters!

    171
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    Mute Huey
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    Jan 18th 2015, 4:50 PM

    How do you know if someone has an iPhone?

    They tell you

    132
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    Mute An Observer
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    Jan 18th 2015, 5:10 PM

    Apple IPhones are great phones though. I have one myself and would never think of changing it.

    54
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    Mute Tom the Bomb
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    Jan 18th 2015, 6:25 PM

    How do you know if someone doesn’t? They tell that joke.

    69
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    Mute poisonivy
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    Jan 18th 2015, 5:27 PM

    This basically reads like an ad for Apple

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    Mute Brendan McGill
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    Jan 18th 2015, 5:53 PM

    Kinda like the Netflix articles they’ve been doing lately!

    44
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    Mute Censored
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    Jan 18th 2015, 4:41 PM

    Yawn. A rooted Galaxy S4 with a custom Rom is superior to Iphone 6 in every way. Apple are just masters of marketing.

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    Mute Clark Griswold
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    Jan 18th 2015, 5:13 PM

    Key word there is rooted!

    38
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    Mute Unfortunately
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    Jan 18th 2015, 5:16 PM

    Yawn, another hurt and insecure android guy has to write how android is better – which wasn’t even a discussed topic or point in above article :)

    83
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    Mute Jonny Lennon
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    Jan 18th 2015, 6:14 PM

    How much does Apple pay the Journal for advertising, I remember the iPhone 6 was released you had about 6 different articles in the space of 2 days for a vastly ovrraated and overpriced phone.

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    Mute Paudi Onail
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    Jan 19th 2015, 12:06 AM

    not as much as the ICI. Apple is once a month.

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    Mute conor
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    Jan 18th 2015, 5:15 PM

    Had an iphone for a few years, loved it. Got a Nokia lumia, took a while to get use to their sub standard apps, but the battery life is so much better. The iphone is nothing special anymore, just the app store that keeps it at no.1 imho

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    Mute Daniel Dudek Corrigan
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    Jan 18th 2015, 5:21 PM

    Of course battery is better, if so few apps you just never use it…

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    Mute Paudi Onail
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    Jan 19th 2015, 12:14 AM

    battery power is an issue, theres packs you can get but… still, i’d have a pain in my face having 2-3 devices not compatible with each other. a kindle, a samsung and a macbook wouldn’t work for me. iOS apps are better designed, they sell more as well.

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    Mute Catherine Mayock
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    Jan 18th 2015, 6:36 PM

    Mine is bigger than yours posts. Boring boys and their toys. Mines a hand me down from my son.

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    Mute Damien Prendergast
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    Jan 18th 2015, 4:46 PM

    Apple master race

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    Mute Mary Kavanagh
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    Jan 18th 2015, 7:50 PM

    If I use a micro SD card with adapter in my Canon camera I can have a photo up on the net in about five minutes if I want. I just swap the card out to my Samsung Galaxy and share straight from there.

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    Mute Felix Williams
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    Jan 18th 2015, 8:52 PM

    Sorry but I can have a photo from my “traditional” camera edited and shared within 5 mins using a USB OTG adaptor and a DSLR control app

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    Mute Paudi Onail
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    Jan 19th 2015, 12:05 AM

    thats not traditional.

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    Mute trickytrixster
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    Jan 18th 2015, 8:50 PM

    Nerddddddddd alert

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    Mute Samih Nabil
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    Jan 18th 2015, 4:52 PM

    Apple Watch Sport – YouTube

    http://youtu.be/I3ZsxyevEDc

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