Asset Manager BlackRock To Open New Hostel In Dublin

By Dave Simpson
Asset Manager BlackRock To Open New Hostel In Dublin

US-based asset manager BlackRock has revealed that it intends to open a new hostel in Dublin as part of a plan to develop a pan-European hospitality portfolio.

Taking to The Sunday Independent, BlackRock managing director Thomas Mueller said, "We would like to have a presence all across Europe. We're starting in Spain and then we're going to expand elsewhere. It will include Dublin, it will include Amsterdam, Copenhagen, and places like London and Paris."

"A Safe, Clean, Fun, Community-Based Solution"

Mueller added, "The whole millennial cohort is spending a lot of its net wealth on travelling rather than buying objects.

"What we're looking to provide is a safe, clean, fun, community-based solution that is affordable."

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