Family-owned Moran Hospitality is best-known for the Red Cow Moran Hotel and the Red Cow Inn. But now they've taken over a popular gastropub near the Aviva stadium.
The co-founders of Press Up group are no longer directing day-to-day operations. Instead, its lender has sent in a close-knit group of advisors.
To maintain Ireland’s tourism offering, Dalata CEO Dermot Crowley says that the reduced Vat rate should be reintroduced for restaurants.
After a number of years selling assets in Ireland, Denis O'Brien has just bought a five-star hotel in Portugal. It is a strategic asset for the businessman, who has extensive properties nearby.
Tinakilly House in Co Wicklow is an award-winning Victorian getaway geared at the wedding market, with a sister venue in Cadiz, Spain. Behind the tranquil charm, a dispute has been brewing between its low-key owners.
Chinese businessman Yuzhu Kang reclaimed the five-star Co Cork resort after settling a hotly contested ownership battle with his business associates. Now he says they owe him another €1.8 million.
The Currency looks at the commercial footprint in the capital city and more lavish purchases in his native Meath since the €1.2 billion sale of his waste empire in 2021.
Chinese businessman Yuzhu Kang emerged victorious from a Commercial Court settlement confirming he was the owner of the 500-acre five-star hotel resort in Co Cork. Now he is being pursued by Arthur Cox in newly filed proceedings.
The hotel industry is a microcosm of the wider economy. At first glance, it seems to be thriving. However, the more you peel it back, the more vulnerabilities emerge.
International investors are making bold plays on the Irish hotel market. Private equity buyers and well-heeled private buyers are also circling. Yet, margins and room revenues are under pressure, and a host of hoteliers have handed over the keys to the state.
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