Leading Provincial Hotel Acquired

iNua Hospitality has successfully completed the purchase of Radisson Blu Hotel & Spa in Athlone for €9.5ml. The company’s latest acquisition represents significant value to original development cost, is attractive based on its current trading profitability and offers huge synergy to current assets in iNua’s existing portfolio, especially the Radisson Blu Hotel & Spa Little Island, Cork and the Radisson Blu Hotel & Spa, Limerick.

This 4 star hotel is superbly located in the thriving Midlands regional centre of Athlone. Purpose built, it opened in 2004 with 128 spacious bedrooms & suites, an elegant restaurant and bar, with a stunning outdoor terrace overlooking the River Shannon. It boasts a fully equipped Leisure Club and impressive conference & banqueting facilities extending to over 1,000 sqm with 7 separate conference suites and a modern ballroom with a capacity for up to 650 people. The hotel serves a large and well populated hinterland and is situated in a superb town centre that is thriving with tourists and that is also a corporate base for many companies.

The Radisson Blu Hotel & Spa, Athlone Hotel offers a variety of accommodation as follows: Standard Room (80), Disability Access Room (6) Business Class Room (17) Junior Suite (8) Family Suite (12) Business Suite (4) Presidential Suite (1). All bedrooms feature high speed Internet access, cable television, secure safe facilities, dedicated workspace, direct dial telephones and hairdryers.

Dining options for guests include Elements Bistro, Quayside Bar & Lounge or on the Terrace where summer barbecues are hosted. The Element Bistro offers regional cuisine and private dining options are also available. The hotel provides excellent conference and banqueting facilities – extending to over 1,000 sq m – including the Marina Suite Ballroom with capacity for up to 650 guests. There are an additional 7 syndicate/conference suites – some overlooking the river – which can also be used for private parties and special occasions etc. All the conference suites are fully air conditioned.

Noel Creedon, CEO of iNua Hospitality

iNua Hospitality is delighted to seize this exceptional opportunity. The Radisson Hotel Athlone is a landmark and already profitable Irish Midlands hotel which occupies a prominent trading position right in the centre of Athlone town.
The Radisson Hotel & Spa, Athlone


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