| Type | Private |
|---|---|
| Industry | Entertainment and hospitality |
| Founded | 2009 |
| Headquarters | Dublin Ireland |
Key people | Paddy McKillen, Jr., Matt Ryan, Joint Managing Directors |
| Revenue | €57.8m (2017)[citation needed] |
Number of employees | 1,500 (2017)[citation needed] |
| Website | pressup.ie |
Press Up Hospitality Group is a cinema, hotel, pub, retail and restaurant operator based in Dublin, Ireland. Ownership is shared between Paddy McKillen, Jr., son of Paddy McKillen, and Matt Ryan.
Their properties include the Clarence Hotel, the Dean Hotel, the Dean Hotel Cork, the Devlin Hotel, the Mayson Hotel, the Irish franchise for Wagamama and the Stella Theatre cinema chain. They also operate two formerly franchised Tower Records locations, which have outlasted the US-based parent chain by many years.[1]
Most of their new properties are located in new developments by Oakmount, a property developer with the same owners but operated independently[2]
They have announced an entry in to operating bowling alleys, with a development at Dundrum Town Centre[3]
The company investigated an initial public offering in 2018,[4] but this was cancelled in 2019.[5]
In July 2022, it was announced that Press Up would open its first UK venue after converting the listed Methodist Central Hall, Birmingham into a 150 bedroom hotel and event space.[6]
References
- ^ "Tower Records spun further into the red last year - but it's still 'excited for the future'". Fora.ie. Retrieved 2 June 2021.
- ^ Quinlan, Ronald. "Paddy McKillen jnr's Press Up selling stake for up to €50m". The Irish Times. Retrieved 13 August 2021.
- ^ Reddan, Fiona. "Press Up to bring a bowling alley to Dundrum Town Centre". The Irish Times. Retrieved 13 August 2021.
- ^ Brennan, Joe. "Paddy McKillen jnr's Press Up hires City broker as IPO adviser". The Irish Times. Retrieved 13 August 2021.
- ^ "Press Up Entertainment set to 'keep going and growing' but IPO on hold". independent. Retrieved 13 August 2021.
- ^ "Press Up to open its first British hotel in historic Birmingham building". Business Post. Retrieved 13 October 2022.
This page was last edited on 22 March 2023, at 17:33