Jurys Inns could go private

THE possibility of a management buy-out (MBO) of Jurys Inns has been raised as a distinct possibility down the line.

In the growing uncertainty surrounding the future of Jurys Doyle it has been speculated the Doyle family could hold on to some of the traditional hotels while management took the Jurys Inns private, said a well-placed source.

That scenario would require the backing of an investment capital group to make it happen at a price of €600 million plus, he said.