That is according to new accounts for the owner and operator of former U2 hotel, the Clarence Hotel, Vision Swipe Ltd.
In October 2023, the Paddy McKillen Jr and Matt Ryan-led Dean Hotel Group secured a €43.5m loan from UK based Leumi UK Group Ltd to finance the purchase of the Clarence Hotel and the adjacent Dollard House from Bono, The Edge and Paddy McKillen Sr, and finance its expansion.
Mr McKillen Jr and Mr Ryan had held the leasehold for the Wellington Quay hotel since 2019 and had…
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