Pre-tax profits at the property firm that recently handled the €67m sale of the Burlington hotel in Dublin plummeted last year by 88.5% to €196,396.

Foreign investors aretaking advantage of sharply reduced prices, with the sale of the Burlington, Fota Island Hotel and others attracting American and Chinese investors. Realistic prices are helping to attract these overseas buyers and breathing some life into a moribund market. Tommy Barker says major property sales were also a good sign and it’s likely that receivership sales will feature more strongly in 2013.

Hugh O’Regan, who has died unexpectedly at the age of 49, has been described by friends as a visionary and a gentle soul.

A landmark Dublin hotel is to undergo a multimillion euro revamp.

BIDS are at an advanced stage and heading towards €20m from European and Asian parties on the Fota Island Resort in Cork harbour this month, as Kerry’s Parknasilla gem joins Fota on the international sales market.

On hearing of a spud-related attempt to enter the Guinness Book of Records, The Menu immediately hitched up the wagon and pointed it westwards once more for The Menu truly venerates this most tremendous of all tubers.

Lloyds Banking Group has signed an agreement with BDL Ireland Management that may allow the company to manage hotels tied to the bank’s €1bn of Irish lodging loans, according to two people with knowledge of the matter.

Russia's wealthiest woman has reportedly bought Dublin's Morrison hotel from Nama for more than €20m.

DUBLIN’S style-driven Morrison Hotel has been put on the market with international buyers expected, thanks to its profile and trading figures.

A PROVISIONAL liquidator has been appointed by the High Court to Dublin’s Morrison Hotel after one of its owners, Hugh O’Regan, withdrew the hotel operating company’s defence to a claim by an Anglo Irish Bank appointed receiver for €5.7 million unpaid rent.

A provisional liquidator has been appointed to Dublin's Morrison Hotel.

A provisional liquidator has been appointed to the Morrison Hotel in Dublin.

A RECEIVER appointed by Anglo Irish Bank has sued the company operating Dublin’s Morrison Hotel for €5.3 million in alleged unpaid rent.

THE High Court has made an order winding up three companies controlled by hotelier Hugh O’Regan.

The High Court has made an order winding up three companies controlled by hotelier Hugh O’Regan.

FASHION designer John Rocha saw profits at his Three Moon Design company rise by €1.2 million last year.

PUBLICANS Hugh O’Regan and Paraic Dunning are to go ahead with development works on their €16m extension to the Morrison Hotel on Ormond Quay, Dublin, following a decision of the High Court yesterday.