Riu Hotels and Resorts has acquired the Gresham Dublin and is rebranding the 323-room hotel. It is Riu’s first hotel in Ireland.

The Riu Plaza The Gresham Dublin will be the company’s sixth under its Riu Plaza urban brand, following properties in New York, Miami, Panama, Guadalajara and Berlin.

Riu paid 92 million euros (about $110 million) for the hotel.

The property, which sits in a building that’s almost 200 years old, is located on Dublin’s O’Connell Street.

The hotel was renovated in 2013 and will require “a few minor adjustments” to bring it up to Riu Plaza’s brand standards, the hotel company said.

Riu operates more than 100 hotels and resorts in 18 countries.


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