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.

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

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.

Here is a selection of people who are starting interesting new roles with public and private organisations in Ireland.

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.

Global markets appear to have called time on the dangerous game of hardball US president Donald Trump is playing with China, as a plunge in shares, government bond yields, and the price of oil signalled his trade wars could lead to world recession.

Fears of a world recession came back to haunt global markets, prompting some investors to buy gold and safe but extremely low-yielding government bonds.

Shares in the big two Irish banks and a handful of property shares played catch-up with the global market slump to post falls, taking stock of the fading hopes of a deal that would avoid Britain crashing out of the EU at the end of October.

The Irish Stock Exchange has been on an interesting journey during 2019, writes Joe Gill.

Supermac’s owner, Pat McDonagh, has secured planning permission for a new €10m motorway services plaza on the M7 near Portlaoise, despite claims it will lead to the creation of two rival operations within 150 metres of each other.

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.

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.

A long-feared rout of sky-high company valuations continued around the world, with Asian, European and US stock markets badly hit.

Pre-tax profits at the Goldman Sachs-backed hotel firm, Tifco Ltd, jumped 36%, to €5.48m, last year.

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.

As we look back at 2017, Brexit and Trump are two words that came to define many of the year’s headlines, says John Daly

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.

As we move into autumn, corporate Ireland continues to grow and expand.

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

Profits at the Goldman Sachs-backed hotel firm, Tifco increased by 22% to €4m last year.

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.

AS CBRE prepares to open its first Cork office, new MD Brian Edwards gives an overview of the Cork commercial investment market

Patients and former staff of the first general hospital to open in Cork are set for special treatment next weekend at events to mark the 30th anniversary of its closure.

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.

One third of Irish hotels have changed owners since 2011, including four out of five in Cork City, generating almost €2.5bn in sales, according to a study by property consultants Savills Ireland.

Planning permission has been sought for a €25m-plus, 165-bed hotel off Cork City’s South Mall, which, if granted, will make it the city’s third largest hotel.

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.

Ireland joined in the world stock market rally, which has been driven by hopes that the US economy will grow faster in the coming years, while traders eyed today’s UK mini-budget, which may sanction increased spending on infrastructure.

Investment at the landmark Silversprings Hotel in Cork by new owners Clayton/Dalata who acquired it two years ago as part of a nine-hotel €445m acquisition from the Moran Group will top €5 million by next year, while the hotel’s €3.2m reworked two-storey Events Centre, ballroom and business meeting rooms reopens from tomorrow.