Who owns jurys

In the meantime, Jurys had been adding a number of other hotel properties, which were brought in under the Jurys Hotels brand. These included Bristol's Unicorn in and the Cardiff International in That year marked the next major moment in Jurys history when the company agreed to purchase Irish rival Doyle Hotel Group in a cash and shares deal worth IRP Since its founding in , the Doyle Group had grown into one of Ireland's major hotel groups, with properties in Ireland and the United Kingdom, but also with a small holding in the United States.

By the end of the s, Doyle had already added three more hotels. In , Doyle opened The Burlington, which became the largest hotel in Ireland, and in the company added its five-star Berkeley Court in Dublin. Another five-star hotel, The Westbury, also located in Dublin, was added in In , Doyle added a third Washington, D.

The merger with Doyle doubled Jurys in size, boosting its portfolio to 32 hotels, with a total of nearly 5, rooms. The deal had also transformed the company, which became the Jurys Doyle Hotel Group, into a truly international company, with more than half of its properties located outside of Ireland.

As one observer stated, the deal enabled the company to achieve "critical mass," at least in terms of generating higher levels of institutional investments in order to fuel its growth strategy. Those plans called for the group to expand onto the European continent, with its most likely targets to come in the Eastern European markets, where the entry threshold was lower than in such major markets as Paris or Berlin.

The company also hoped to expand beyond its Washington, DC, core in the United States, with plans to add new properties along the eastern seaboard. In the meantime, the company set to work restructuring its existing portfolio, a process led by new CEO Pat McCann, who joined the company in Jurys Doyle began renovating and expanding a number of its existing properties, such as the bedroom addition to its London-based Jurys Clifton. The company also added a number of new sites, including two Chamberlain hotels in Birmingham in In , the company began a shift toward higher-margin properties, beginning a sell-off of many of its three-star locations in favor of refocusing its hotels portfolio around four- and five-star properties.

At the same time, Jurys Doyle continued its expansion into the United Kingdom, where the company had targeted some 60 cities as potential future markets, opening the Jurys Inn Croydon in London in and the Jurys Inn Newcastle and Jurys Inn Glasgow in The company had also begun a new expansion drive, with six new properties in development at the beginning of , two of which, the Jurys Inn Leeds and the Jurys Inn Chelsea opened in London in February and March of that year.

Other properties slated for opening included a new hotel in Dublin's Parnell Street, a hotel serving London Heathrow, and an entry into Southampton slated for Jurys Doyle also looked forward to its first extension beyond Washington, D. The new openings were expected to add 1, bedrooms to the group's portfolio. Jurys Doyle had evolved into Ireland's leading hotel group, with plans to become a major European hotels player in the new century. Principal Subsidiaries: Thornhill Inc; P. Although Jurys Inn has a presence in Dublin, Cork, Galway and Belfast, the business is still considering expansion of the brand here.

Furthermore, it plans to open its first Leonardo hotel — under the Nyx label — in the Portobello area of Dublin. Calls for an earlier-than-planned reopening of hotels is growing. Irish aparthotel operator Prem Group has said the dates need to be immediately reviewed. It can reopen in Belgium next week and in the Netherlands at the beginning of next month. News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

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Updated at midnight every day. We would love to hear your feedback on the section right HERE. Although Mr PV Doyle's sons, Michael and David, played prominent roles in the Doyle group in the past, neither remains active in the hotel business.

Mr David Doyle spent two terms as chief executive, interrupted by a hiatus in , after he left the group as a result of disagreements within the family about strategy.

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