JD Wetherspoon has purchased Camden Hall Hostel in Dublin city centre, and aims to open a 100 room hotel on the site, together with a pub.
It is set to invest more than four million euros developing the site, and will create up to 75 new jobs.
Wetherspoon’s chairman Tim Martin commented:
“We are pleased to have acquired this excellent building in the heart of Dublin.
“Our aim is to build a pub and hotel on the site and we believe both will be assets to the city.”
Wetherspoon recently acquired a former bank and retail unit in Waterford in the Republic of Ireland, and will this week be opening its second pub in the Republic – The Forty Foot in Dun Laoghaire.