International hotel investment firm the Puyan Group has acquired The Strand Hotel & Bar in Bray for €1.8 million.
As reported by The Irish Independent, the venue, which was built by Sir William and Lady Jane Wilde in 1870 and inherited by Oscar Wilde six years later, has undergone an extension revamp in the past year, overseen by architect/designer Brian McDonald.
Speaking about the hotel, Puyan Group chief executive David Cao proclaimed, "It's a high-quality period hotel in a thriving location. We are looking forward to reopening and showcasing this beautiful property."
Get a FREE Digital Subscription!Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Real estate company Cushman & Wakefield handled the sale of The Strand to the Puyan Group, whose current portfolio also includes Butler's Guesthouse on Dublin's Lansdowne Road.