The five- to 10-storey hotel will be run by the Ruby Hotel Group, a Munich-based hospitality company and hotel brand, acquired last year by the InterContinental Hotels Group (IHG). We’ve agreed heads of terms with Ruby Hotel Group, who will lease the building upon completion.”Mr McDermott described Ruby Hotels as “a leading European brand known for its ‘lean luxury’ concept”, and added that “construction is scheduled to begin this summer”. Computer-generated image of the planned new Cork hotel. Starstone’s portfolio also includes High St, Ashbourne, a large town centre mixed-use commercial property, and Southgate Shopping Centre in Drogheda. The proposed Starstone development comes on the back of significant momentum across the hotel sector in Cork City following a period of limited growth up to 2018.
Source: Irish Examiner February 25, 2026 19:00 UTC