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  • Southside

Multi-million euro revamp for Tallaght hotel

Sunday, 24th November, 2019 9:00am
Multi-million euro revamp for Tallaght hotel

The 186-bedroom Tallaght Cross Hotel.

Multi-million euro revamp for Tallaght hotel

The 186-bedroom Tallaght Cross Hotel.

THE TMR Hotel Collection, owned by Austrian investor Thomas Röggla, has announced that it has acquired the 186-bedroom Tallaght Cross Hotel.

TMR is now planning a multi-million euro refurbishment of the hotel with exciting new plans to open for trade as a four-star in early 2020.

The re-opening of Tallaght Cross Hotel is expected to create upwards of 70 permanent direct jobs locally and to support a multiple of that in indirect employment in the tourism service and supply sectors.

This is the group’s third hotel purchase this year and its second in the Tallaght area. In May it acquired two four-star hotels; the well-located Plaza Hotel in Tallaght and Harvey’s Point in Donegal, which has been named TripAdvisor ‘No 1 Hotel in Ireland’ for six of the past seven years.

Acquisition and investment expenditure in these three hotels will be close to €60 million.

This latest acquisition makes the TMR Hotel Collection the largest hotel operator in Tallaght with a combined 300 plus hotel bedrooms, presenting opportunities for synergies in the marketing and operation of Tallaght Cross and The Plaza. Significant refurbishment works will commence in both hotels over the coming weeks.

Tallaght is one of the largest residential and commercial areas in Dublin and is Ireland’s third largest population centre after Dublin City Centre and Cork.

The Tallaght Cross Hotel purchase is the 14th hotel acquired by TMR Hotel Collection in Ireland since late 2014.

Eimear Fox, Director of TMR Hotel Collection, said: “We are delighted to have completed the purchase of Tallaght Cross Hotel which we expect to re-open in early 2020.”

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