Hotel articles

Hotels Optimistic Despite Debts

Irish hotels and guesthouses are more optimistic about the state of Ireland's tourism business, according to the latest Hotel Barometer Survey from the Irish Hotels Federation.

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Some 87pc of respondents said they had seen an increase in business over the last 12 months. The survey also shows 73 per cent of hoteliers have hired additional staff this year.Some  83 per cent of owners plan to increase their investment in refurbishment projects over next 12 months. 
 
But IHF chief executive Tim Fenn said the gains from increased tourism haven't been spread evenly across the country.
 
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Malton Hotel Sold

Hotelier Joe Scally has bought the  Malton Hotel in Killarney.
Mr Scally is already the owner of the Royal Hotel in Killarney and Hayfield Manor in Cork. He is a brother-in-law of Padraig Treacy of the Killarney Park Hotel, who w

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as part of the consortium that previously owned the Malton shortly after it was sold by the Government in 2006.

The four-star hotel has been a landmark in Irish tourism for 160 years. It was placed on the market in May by the National Asset Management Agency.

 
 
 

Hayes Hotel Sold

Hayes Hotel Thurles, where the GAA was founded 130 years ago, was sold for  €650,000 at auction yesterday.

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The 30-room hotel, which has a bar and night club, was offered for sale by a receiver. It includes the Billiards Room where the GAA was founded by a group led by Michael Cusack.The successful bid, at an Alsop auction,  was made by a solicitor acting for an unnamed buyer.
 
 

Hayes Buyer Named

The new owner of Hayes Hotel in Thurles is  local businessman Jack Halley.
A native of  Fethard in Co Tipperary , he was based in London for a number of years where he worked in the hospitality industry.
He says that he plans to develop the historic hotel, which he bought at auction for €650,000, into a 'cultural hub'.
 
 

Six Bids for Moran Hotels

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'.

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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.
 
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