Jurys Inns in €97.4m plan for Britain
The four new hotels — earmarked for Glasgow, Newcastle, Portsmouth and Bradford — will open next year and represent a £90m (€97.4m) investment by Irish property development and investment company, McAleer & Rushe — which acts as strategic development partner to Jurys Inns owner, Quinlan Private.
“It is a significant vote of confidence in the Jurys Inn brand and business model that we can announce plans for four new hotels in today’s challenging economic climate,” said Jurys Inns’ acting chief executive John Brennan.