Jurys Inn hotel group has recorded an eight per cent increase in revenue in 2014, capitalising on the spike in inbound visitors over the last two years.
The Dublin-based hotel group is on course for a near 10 per cent increase in 2015, according to the Irish Times. Its operating earnings rose by 25 per cent to £49 million.
Jurys Inn has 31 properties based in Ireland, the UK and Prague. It was acquired by US-based private equity group Lone Star in a deal worth over €900 earlier this year. It is now part of Amaris Hospitality group which operates out of Dublin.
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Amaris Hospitality, run by its chief executive John Brennan (pictured), is being considered for a £2 billion floatation by Lone Star. Brennan said the Jurys Inn brand has performed especially well in UK cities as the group targeted more corporate clientele.
Brennan recently announced the Jurys Inn Custom House Dublin will undergo a rebrand as a Hilton Garden hotel at the cost of €5.5 million.
(Pictured is Amaris Hospitality chief executive John Brennan speaking at the recent National Hospitality Conference in Dublin)