The sale of Dublin’s iconic Shelbourne Hotel has been formally completed.
Archer Hotel Capital – a European hotel investment firm – has acquired the Shelbourne from global property investment firm Kennedy Wilson, which has owned the hotel since 2014.
![](https://ittn.ie/wp-content/uploads/2024/01/Shelbourne-Hotel-1.jpg)
The sale price is not known, but has been heavily speculated upon. Dublin’s best known hotel was put up for sale last year with a reported price tag of €260m.
What has been reported, now, is that Kennedy Wilson has sold the Shelbourne as part of a commercial property bundle, which also includes a UK retail property and an office development in the US. Reportedly, the three-property bundle has been sold for around $335m.
Archer Hotel Capital is already active in Ireland, through its ownership of the Conrad Hotel Dublin, on Earlsfort Terrace directly opposite the National Concert Hall.