London, 28 March 2024
Archer Hotel Capital (“Archer”) proudly announces the acquisition of the renowned Shelbourne Hotel, an iconic landmark nestled in the heart of Dublin’s city centre from Kennedy Wilson. This acquisition marks a significant milestone for Archer as it expands its prestigious portfolio in the hospitality sector.
Originally established in 1824, the Shelbourne stands as a symbol of luxury and sophistication, boasting rich heritage and timeless elegance. Its prime location overlooking St Stephen’s Green has made it a cherished destination for travelers and locals alike offering outstanding hospitality and excellent service.
“We are thrilled to add the Shelbourne Hotel to our collection of properties,” said Dominic Seyrling, Co-CEO of Archer. “This acquisition aligns perfectly with our commitment to investing in exceptional assets with enduring value. Archer is dedicated to preserving the Shelbourne Hotel’s legacy while enhancing its offering. Archer looks forward to writing the next chapter in the storied history of this beloved Dublin landmark.”
Archer was advised by Arthur Cox, Allen & Overy, Grant Thornton, TFT, WSP and Lockton. Third party financing was provided by Deutsche Bank.