The Dean Hotel Group, which is owned by Paddy McKillen jnr and Matt Ryan, has agreed to sell a majority stake in its hotel business in a landmark deal estimated to value these interests at €350 million. The buyer is understood to be Elliott Investment Management, founded by legendary investor Paul Singer, and another firm. Elliott is buying its stake with Lifestyle Hospitality Capital (LHC), a speciality hospitality real estate investment firm led by Keith Evans, who previously held senior roles with Ennismore and Starwood Capital. Founded in 1977, Elliott manages in the region of $59.2 billion in assets. Paddy…

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