The Grand Hotel in Malahide in Co Dublin has officially become the seventh property within the FBD Hotels & Resorts (FBDH&R) portfolio.
FBD Hotels & Resorts recently bought the iconic hotel for €55m from the Ryan Family, which have owned it since 1974.
The Grand employs over 200 people bringing the total number of employees within the farmer-owned business to 1,905 people and the total number of hotel rooms to 1,387.
It joins the group’s portfolio of luxury four-star hotels and resorts including Faithlegg in Waterford; The Heritage in Laois; Castleknock Hotel in Dublin; and Killashee Hotel, Kildare.
FBD also owns and operates two resorts near Malaga on the Costa del Sol, Spain -Sunset Beach Club in Benalmádena, and La Cala Resort in Mijas.
The Grand employs over 200 people bringing the total number of employees within the farmer-owned business to 1,905 people and the total number of hotel rooms to 1,387.
As with previous acquisitions, FBD Hotels & Resorts said it plans to invest €5m into upgrading The Grand over the next three years.
The focus will be on the refurbishment of the lobby, ground floor areas and 40 bedrooms along with branding, marketing, IT infrastructure and professional development. This will extend to upgrades to the bar and dining facilities, conference, wedding and leisure offerings in time.
David Kelly, CEO of FBD Hotels & Resorts, said the company was honoured to be entrusted with the stewardship of this historic hotel, whose rich heritage and enduring legacy have made it a symbol of excellence in hospitality.
“Underpinned by a strong balance sheet, innovative team, and forward focused ownership, we look forward to further adding to The Grand as a treasured destination in the years ahead,” he said.
Karine Kavanagh, General Manager, The Grand, said this marks an exciting new chapter for the hotel, offering new opportunities to be embraced by customers and staff alike.
“The team at FBD Hotels & Resorts have transformed other historic hotels with sensitivity enhancing their original charm in a contemporary and sensitive manner. We look forward to this new era as part of the FBD Hotels & Resorts portfolio,” she added.
