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Interstate announce management agreement for The Marker, Dublin

By James Russell: Interstate announce management agreement for The Marker, Dublin

May 30, 2012

Interstate Hotels & Resorts have announced that it has entered into a management agreement for The Marker, Dublin’s newest luxury hotel and apartment complex.

Located in the heart of the city’s new business and cultural district at Grand Canal Dock, the 187-room hotel is anticipated to open in early 2013. The Marker Hotel is owned by Brehon Capital Partners, a real estate private equity firm, together with Midwest Holdings, its investment partner. It is the 27th managed or signed hotel agreement in Europe for Interstate Hotels & Resorts, and joins other Interstate-managed or signed world-class independent hotels and resorts.

“Dublin continues to serve as a major European capital destination,” said Leslie Ng, Interstate’s chief investment officer. “A landmark hotel like The Marker, well-suited to attract both business and leisure travelers, will play an important role in Dublin’s luxury market. Situated near significant demand drivers such as the financial, technology and entertainment districts, The Marker will quickly become a leader in the market.”

The Interstate Hotels & Resorts website can be seen here

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