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Jurys Hotel Group in talks with Doyle

Jurys Hotel group is in talks to acquire its Dublin rival, the Doyle Hotel Group. The deal is expected to be worth between Ir£170m (£150m) and Ir£180m. The enlarged group would be named Jurys Doyle Hotel Group.

The deal would double the size of Jurys, creating a combined group of 28 hotels with turnover of more than Ir£130m and profits of Ir£35m.

Doyle owns seven hotels in Dublin, the Clifton Ford hotel in London and three properties in the USA.

The Independent 25/09/98 page 18

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