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The government sold off the Great Southern Hotel chain, while another well-known hotel chain, the Gresham group, was sold in January 2004 for ?115 million.
The hotel model is changing. It is all about the number of rooms you have now. Fortunately, a lot of smaller, family-owned hotels have been able to sell off their hotels as property assets.
The Ramada Hotel Group and Crawford Investments announced a ?300 million investment in 37 hotels in Ireland over a three-year period. The hotels will be a mixture of new developments and existing establishments.
Golden Tulip UK, a British hotel group that has already entered the Irish market, expects to have 15 hotels in Ireland...
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