Premier Inn Clery’s Quarter hotel for sale at €66.6m

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  • Premier Inn Clery’s Quarter has been placed on the market at €66.6m.
  • The 229-room hotel is let to PI Hotels and Restaurants Ireland Limited.
  • Practical completion is targeted for early 2027.
  • Dublin hotel occupancy reached 83.7pc so far this year.
  • Premier Inn is operated by FTSE 100-listed Whitbread.

A brand-new Premier Inn hotel in Dublin’s Clery’s Quarter has been placed on the market with a guide price of €66.6m. Commercial estate agents JLL has listed Premier Inn Dublin City Centre on Earl Place in Dublin 1. The 229-room hotel is let to PI Hotels and Restaurants Ireland Limited.

Construction of the hotel is well advanced with practical completion targeted for early 2027 and opening planned soon after. Offers are invited on the basis of a completed hotel with sale completion and lease commencement in the first quarter of 2027. Premier Inn is operated by FTSE 100-listed Whitbread.

JLL noted that Dublin hotel occupancy reached 83.7pc so far this year with Revenue per available room for the year to August 2026 up about 2.1pc on the same time last year. The hotel is part of the Clery’s Quarter development and benefits from a Dublin 1 location with fully electric A2 BER credentials.

Daniel O’Connor shared “This is a rare chance to acquire a brand-new, freehold Dublin city centre hotel let for 30 years with no break to England and Ireland’s largest hotel operator, with a guarantee from Whitbread Group.”

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