Investors in UK hotel debt are likely to suffer a negative impact, in the short-term, due to the coronavirus’ effect on the hospitality sector, according to ratings firm DBRS Morningstar.

European stock markets fell again amid investor scepticism that the spending pledges by governments around the world will shield the eurozone and the US from economic damage carried by Covid-19.

There could be a "significant reduction" in the building of new commercial and private rented sector properties - typically apartment blocks sold to big international investment funds - if the coronavirus outbreak continues to prompt a fall in the value of Irish property-related share prices, Davy has said.

The Covid-19 outbreak will impact the tourism and hospitality sectors across Munster, business leaders have warned.

Irish bank and transport shares most exposed to the potential economic fallout from the coronavirus fell sharply for a second successive session, as an Italian official said it may need to call on the EU to offer leeway on budget targets due to the outbreak.

Ryanair and Dalata Hotel Group were among the Irish shares caught up in a global shares sell-off as fears increased that the spread of the coronavirus would dampen world growth and tourism.

Irish-founded energy efficient industrial lighting company eLight is set to float on London’s Alternative Investment Market (AIM) in the new year.

Dalata Hotel Group shares tumbled by more than 6% after it said it saw a drop in like-for-like performance across its Irish hotels during the bulk of this year.

Dalata Hotel Group shares surged by nearly 9% after it expressed confidence in riding out continued Brexit uncertainty and the effects of the higher Vat rate on the domestic tourism and hospitality sector.

Sterling fell against the euro and the dollar as the political machinations in Westminster brought the likelihood of a general election much closer.

The euro slipped on the resignation of the Italian premier amid a confidence vote, as currency markets focussed on another confidence vote -- in UK leader Boris Johnson early next month.

The last gamble of Theresa May to win over MPs to support her Brexit deal appeared to unravel putting a question mark over her future and weighing on sterling.

Trigon Hotel Group is recruiting, with openings available in a wide rage of fields in all three of its Cork properties, Cork Airport Hotel, The Metropole Hotel and Cork International Hotel.

The Dalata Hotel Group intends to have a presence in Germany within the next five years.

The Dalata Hotel Group may make an earlier-than-planned move into continental Europe in order to test conditions ahead of a larger expansion drive in the coming years.

Chief executives from some of the country’s best-known firms have been lined up by an enterprising 20-year-old UCC student to appear at a business leaders forum in April.

The draft agreement between the UK and the EU is not a “bad deal” for the UK. People who say it is a bad deal are only dividing a nation. We must not let them divide our island of Ireland, writes Darren McKinley.

IF there are still some bare building bones sticking out at Cork City’s newest hotel (which promises to have pre-Christmas guests in situ by December 18) it’s appropriate — a portion of the site, on Parnell Place, was once a School of Anatomy for UCC.

The owner of the Clayton and Maldron hotel chains has said it is hopeful of becoming the operator of a new 211-bedroom hotel due to be built on the site of the former Jury’s Hotel in Ballsbridge in Dublin.

The Dalata Hotel Group is targeting a 10%-15% share of the regional hotel market in the UK, writes Geoff Percival.

Pre-tax profits at the hotel that hosts the Irish version of popular TV show First Dates fell by 60% to €807,000 last year.

A number of firms plan to take advantage of the rising demand for hotel beds in Cork, writes CBRE’s Denis O’Donoghue.

Newstalk has suspended presenter George Hook amid the ongoing controversy surrounding his comments on rape last week.

I was heartened to learn that Dalata Hotel Group have terminated their relationship with Newstalk following George Hook’s atrocious comments about victims of rape.

By Joe Leogue

Broadcaster George Hook has apologised "unreservedly" for the comments on rape he made on his Newstalk programme last Friday, as the show’s sponsors announced they will no longer support the programme.

The sponsors of George Hook's talk show, Dalata Hotel Group have terminated their commerical agreement with Newstalk.

Catch up on this morning's headlines...

Shares in Dalata Hotel Group have risen almost 8% as it reports an 80% rise in half-year, pre-tax profits of almost €33m.

Irish hotels enjoyed the sixth year of turnover growth with occupancy levels back to pre-recession levels — but have been warned they must remain competitive or risk losing out to other European cities.

The Dalata Hotel Group is set to spend nearly €70m on taking majority ownership of three Irish hotels that it has to date run on a rental basis.

The Dalata Hotel Group has defended its executive pay levels, which soared by nearly 73% last year.

The Dalata Hotel Group plans to speed up its expansion in the UK this year. It hopes to open up to four more hotels there before the end of 2017.

Ireland’s largest hotels group has announced a €2m investment in one of Cork’s most successful hotels as part of a major rebranding, and has formally completed the takeover of the former Burlington Hotel, Dublin.

The Dalata Hotel Group has bought the building which houses its Clayton Hotel in Cardiff, in a move analysts estimate will add nearly €2m to group earnings next year.