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Ritz hotel for Wicklow

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Irish Business News Discussion:     Ritz hotel for Wicklow

Property group Treasury Holdings and Ritz-Carlton have announced details of the country's first Ritz-Carlton Hotel in Powerscourt in County Wicklow.

The companies say the €120m investment will create 800 jobs and generate up to €60m a year for the Irish tourism industry. 300 people will be employed at the golf and spa resort hotel, while another 500 will be involved directly and indirectly in the two-year construction phase.

The 300,000 square feet hotel, located on the Powerscourt Estate, will have 203 rooms, four lounge and restaurant areas and meeting rooms catering for up to 1,000 people. It is due to be completed in 2006.

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