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  • Morrison Hotel sold to Russia's richest woman
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Feb 20, 2012 - 16:39

Morrison Hotel sold to Russia's richest woman

MyHome Content Studio
By MyHome Content Studio
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Morrison Hotel sold to Russia's richest woman

One of Dublin’s best known hotels has been bought by Russia’s richest women.

The Morrison Hotel has been taken over by 48-year-old Elena Baturina, a self made billion who started out as a factory worker before going on to amass a €2.2 billion fortune with construction firm Inteko.

She bought the hotel on Ormond Quay from NAMA for a fee reported to being between “€20 million to €25 million”.

NAMA have declined to comment on any aspect of the deal..

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The Morrison Hotel opened in 1999 under the patronage of Hugh O’Regan and is widely recognised as one of the capital’s finest designer hotels.

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  • Tags
  • Dublin
  • Elena Baturina
  • Inteko
  • NAMA
  • National Asset Management Agency
  • Ormond Quay
  • Russia
  • The Morrison Hotel
MyHome Content Studio
By MyHome Content Studio
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