BVP Investments in partnership with Pembroke Hospitality have launched a €50m Hotel Investment Fund (HIF) with funding provided by the Ireland Strategic Investment Fund (ISIF). The Fund is being established to invest in hotels whose trading has been negatively impacted by the Covid-19 pandemic.

The Fund will invest in hotels which have a viable growth plan but are unable to raise finance from banks or alternative lenders. The HIF will provide facilities to hotels between €0.5m to €5.0m, for a three-year timeframe. The capital deployed from the fund will support hoteliers to overcome challenges faced as a result of Covid-19 disruption and to return to a positive trajectory.