Dublin's Regency Hotel is to be rebranded as the Bonnington hotel, 18 months after the gangland shooting at the property that resulted in a significant drop in business.
The Regency was rescued from examinership by Broadhaven Credit Partners earlier this year and subsequently had its debts refinanced by the McGettigan Group.
Now, The Irish Times reports that the hotel will undergo a complete refurbishment, with the addition of 200 new bedrooms and a ballroom with a capacity of 800, as well as an expansion of its spa.
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The venue's new title has been taken from a hotel owned by the McGettigan Group in Dubai, called the Bonnington Jumeirah Lakes Tower Hotel.
Commenting on the rebranding, Regency managing director James McGettigan, said: "We have been planning a major upgrade for a few years and hope to become a four-star property by early next year."