The owners of the Hard Rock hotel in Dublin are planning to put it on the market just two years after it opened for business.
Apollo Global Management, an American private equity firm, is thought to be asking €80 million for the 120-bedroom hotel, which also includes the Hard Rock shop and Zampas restaurant at ground floor level.
The hotel, which is on Lord Edward Street in the Temple Bar area and a two-minute walk from Dublin Castle, was opened in February 2020 as part of a €30 million development.
Apollo has recently been involved in activities tapping into the retail and tourism market. Last year they finalised a deal purchasing Las Vegas Sands, teaming up with VICI, the companies agreed to purchase the assets and property for $6.25bn at a time of great uncertainty.
Read more: The Times
