Four Seasons agrees exit from Dublin hotel
The Four Seasons hotel in Dublin is set to be rebranded after the luxury hotel group and its owner decided to call quits on their partnership.
The 197-bedroom property will be operated by another, as yet unnamed, luxury brand from January following the "mutual" decision by owner London & Regional and the Four Seasons, reported the Irish Times.
London & Regional, which is controlled by Ian and Richard Livingstone, bought the hotel in June 2011 for €15m (£11.9m), a price that is understood to be around a quarter of what was spent on developing the property.
The Four Seasons group published a statement that said a mutual agreement had been reached with the property's owner, Ballsbridge Hotel Limited, of which Ian Livingstone is a director, to allow the hotel to be operated under a different five-star international brand.
"Until the transition it is business as usual as employees will continue to provide the same legendary service guests have come to expect from Four Seasons," it continued. "Guests wishing to make reservations at the Hotel should continue to contact Four Seasons until December 31, 2014."