Jurys Doyle to close two Dublin hotels
http://www.rte.ie/news/2005/0609/jurys.html
09 June 2005 12:39
The hotel chain, Jurys Doyle, has announced it is closing two of its three hotels in Ballsbridge in Dublin because they are not doing as well as expected.
In a statement, the company said staff could accept voluntary redundancy or redeployment to other hotels in the group.
The company is to retain the site where the five-star Berkeley Court Hotel currently stands in order to redevelop a new four-star hotel.
Five acres of land containing Jurys Ballsbridge Hotel and The Towers will be put out to tender.
The company’s Chief Executive, Pat McCann, said the properties were not performing to the required levels.
He said the aim was to ‘unlock the value of a major asset’ while continuing to have a hotel presence in Ballsbridge.
More than 400 full-time staff are currently employed at Jurys Ballsbridge Hotel and The Berkeley Court.
It comes a day after the company rejected a second takeover approach from the Precinct consortium.
The company said all three hotels would operate as normal for the foreseeable future.
The deadline for the tender process is 18 July, while the company points out that the subsequent planning process may take some time. Ends
Great to see the former Inter-Continetal block going, any thoughts on what will replace it?