MHL purchase of Brooks Hotel brings its total number of hotels to 13, making it the largest hotel owner and operator in Dublin and the second largest hotel group in Ireland.
In recent weeks it emerged that the iconic four-star Brooks Hotel in Dublin was acquired by the MHL Hotel Collection.
Brooks Hotel is a 98-bed four-star boutique hotel located in the heart of the city and close to Grafton Street shopping district.
“We have been delighted with the support provided by Bank of Ireland Corporate Banking as part our recent acquisition of the Brooks Hotel”
The MHL Hotel Collection is a collection of unique and individual hotels in key city and resort locations throughout Ireland, and is the second largest hotel group in Dublin city.
Overall, the MHL Hotel Collection manages over 2,300 bedrooms in the four cities and counties in which it operates (Dublin, Galway, Limerick, Wicklow).
In the heart of the city
Brooks Hotel is superbly located on Drury Street, only minutes from Grafton Street, Fade Street and St. Stephen’s Green, in the fashionable heart of Dublin City. Comprising 98 guestrooms, the hotel also includes Francesca’s Restaurant, Jasmine Bar, meeting spaces, a unique screening room, attractive residents lounge and a small gym with sauna.
Brooks Hotel has traded strongly for many years establishing an excellent reputation with its loyal customers.
“We are very pleased to welcome the Brooks Hotel and its staff to the MHL family. It has a well-deserved reputation for quality and hospitality and we hope to further enhance that through continued investment in the guest experience,” said MHL Hotel Collection partner Paul Higgins when the transaction closed in early June.
MHL Hotel Collection owns and operates all its hotels and is on track to exceed €220m revenue in 2023.
Its eight hotels in Dublin city centre comprise a mixture of own brand and international branded hotels. It is also the largest Marriott franchisee in Ireland comprising the Westin, Powerscourt Hotel Resort & Spa and Moxy Hotels.
Partnering in growth
Post this transaction the MHL Hotel collection will have over 700 five-star bedrooms (including the new lodges at Glenlo Abbey Hotel & Estate) and over 2,300 bedrooms overall, located in Dublin, Galway, Limerick and Enniskerry.
Bank of Ireland has been a long-term partner of the MHL group and supported the recent acquisition of the Brooks Hotel in Dublin.
“We have been delighted with the support provided by Bank of Ireland Corporate Banking as part our recent acquisition of the Brooks Hotel,” said Paul Higgins, partner, The MHL Hotel Collection.
“The team have been professional and approachable throughout, and it’s clear that the team have a strong expertise in the hospitality sector.”
The purchase brings its total number of hotels to 13, making it the largest hotel owner and operator in the city and the second largest hotel group in Ireland.
“Bank of Ireland has a proud long-standing relationship with the MHL group, and delighted to have been able to support the group in its latest acquisition,” said Niamh Broderick, associate director, Bank of Ireland Corporate Banking.
“At Bank of Ireland Corporate Banking, we understand the hospitality sector and are committed to supporting our customer across the sector, through our Corporate Banking team and our Hospitality Sector Specialist, Gerardo Larios Rizo.”