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.

St Mary’s 1-9

Operating profits at a four-star hotel business owned by one of the best-known family names in the Irish hotel industry last year increased by 16% to €670,289.

A four-star hotel business owned by one of the best known family names in the hotel industry has secured a €3.6m writedown on its bank loans.

Ireland’s U20s and Women’s: Both teams enjoyed ultimately comfortable openings to their respective Six Nations campaigns last Friday.

The company that operates the four-star Fitzpatrick’s Killiney Castle hotel in Dublin last year returned to pre-tax profit after an increase in revenues.

Welcome to your Thursday morning briefing. Let us ensure you’re up to speed on what’s happening and are prepared for the day ahead.

The former financial watchdog has said he was not alarmed when one-time billionaire tycoon Sean Quinn called personally at his office and mentioned he had a secret shareholding in Anglo Irish Bank.

One of 10 investors who bought shares in Anglo Irish Bank with loans from the lender was told executives had legal advice for the deal, a court has heard.

The owners of a family-run shop have presented the local community with a defibrillator.

Jonathan De Burca Butler and Deirdre Reynolds went shopping together and swapped vital notes on panic buying for your better half

Pre-tax losses at the company that operates the four-star Fitzpatrick’s Killiney Castle hotel in Dublin last year increased by 12% to €384,983.

THE company that operates the four-star Fitzpatrick’s Killiney Castle hotel in Dublin is planning to return to profitability this year after losses of €8 million last year.

THE blame game is under way between former Anglo bosses over who was in control at the bank when the finance crisis hit.

AT last he’s said it — Sean FitzPatrick is sorry. Well, for himself anyway.

FIANNA FÁIL went to war with itself last night as a minister accused rebels calling for the Taoiseach’s resignation of trying to save their own skins at the looming election.

HIS wealth was estimated at a staggering €55 million in 2008, but yesterday former Anglo chairman and bankrupt Sean FitzPatrick told the High Court he now has an income of just €188 a month.

FINANCE Minister Brian Lenihan was not aware of a multi-million euro loan extension granted by Anglo to a company part- owned by its former chief executive, Seán FitzPatrick, on the same day the troubled bank was nationalised.

YOU remember the pictures. Of course you do. Guys in good business suits, standing on the sidewalks of American cities, selling apples. It was the definitive visual representation of the onset of the Great Depression.

ATTEMPTS by Anglo Irish Bank to recover over €70m in unpaid loans from its former chief executive and chairman Seán FitzPatrick could prove a complex and lengthy process, according to legal and financial experts.

ANGLO Irish Bank has initiated legal action against controversial former chairman Sean FitzPatrick over unrecovered loans amounting to about €70 million.

A major study is in the pipeline to ascertain the impact that the GAA has on the economy, in order to strengthen the case of the Gaelic Players Association (GPA) in relation to the awarding of government grants to inter-county GAA players.

BRACE yourself. The annual report of Anglo Irish Bank will be published tomorrow. The full extent of the toxicity of this former plc and its nefarious practices from October ’07 to the end of September’08 will be exposed.

IT is increasingly difficult to remain composed, or to even want to, as the behaviour of a voracious, immoral and appalling coterie of bankers forces our government to take another do-or-die gamble with taxpayers’ funds.

ANGLO Irish Bank is expected to tell shareholders today that loans to former chairman, Sean FitzPatrick, actually exceeded €90 million, but they are “asset backed” and not a cause of concern for the bank’s financial stability.

THE Financial Regulator’s office was branded a “pathetic farce” by politicians as it emerged loans concealed by former Anglo Irish Bank chairman Seán FitzPatrick had been even higher than the €87 million revealed.

IRISH hotelier John Fitzpatrick is looking to expand his chain of hotels in either New York or Washington DC.

GARDAÍ have seized 110 cars in Cork city, many of which were a “deplorable condition”, as part of a new scheme to improve road safety.

TOUR America has launched a brochure for the Hawaiian islands, which underlines how the Irish are becoming more discerning.

UP to 150,000 Irish shoppers will splash out almost €225 million in American cities this month as they cross the Atlantic in search of cheaper Christmas gifts.

WHEN a court heard how a Dublin woman tumbled down the stairs after the heel snapped on her expensive boots, her pain was felt by women everywhere.

IRISH investors have snapped up all but 10 units in a 152-strong luxury apartment complex in the heart of New York city, each costing an average of €1.25 million.

BACK on the market, having been sold last year, is a large, detached house at number 2, Landsborough Gardens.

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