Elite Hotels has put Luton Hoo on the market, priced at more than £16m.
The owner is demoralised after three years of trying to gain planning permission to turn the former home of the third Earl of Bute into a 115-room luxury hotel and leisure complex.
Tony Ryan, the founder of Ryanair, is named as a possible buyer of the Bedfordshire property.
The Guardian 24/07/01 page 23