Six offers have been made for the Moran and Bewley’s Hotel Group, run by Limerick businessman Tom Moran and his family, according to a report in to-day's 'Irish Times'.
The bidders include Dalata.
All bids are above €400 million, a price that obliged the Moran board to undertake a sales process under the terms of a restructuring agreement with its lenders late last year.
The rep[ort says that Dalata Hotel Group is one of the bidders for the Moran and Bewley’s chain. Others are thought to include Goldman Sachs, private equity group Blackstone (which owns the Burlington in Dublin and Hilton brand), Westmont Hospitality Group in north America, London and Regional (which owns the Four Seasons in Dublin), and Starwood, a global hotel operator whose brands include Westin and Sheraton.