Jurys Inn sale in UK and Ireland valued at €900m

Jurys Inn, which owns five hotels in Ireland and 31 in Britain, looks set to be bought for around €900m by Swedish hotels group Pandox.

Jurys Inn, which owns five hotels in Ireland and 31 in Britain, looks set to be bought for around €900m by Swedish hotels group Pandox.

The impending sale comes after Jurys Inn owner, the US equity fund giant Lone Star which has owned the hotels for the past three years put them on the market earlier this year.