A State fisheries body has succeeded in stopping the development of holiday homes on the Ring of Kerry over fears it could cause pollution to a local river.

THREE banks have taken a substantial stake in the Ballsbridge hotels, which were bought by property developer Sean Dunne for a record €375 million in 2005. The three hotels are in Dublin 4.

SHARES in Jurys Doyle fell 25 cent in Dublin yesterday to €15.30 but remain 5 cent above the rejected €15.25 offer price.

The Irish Hotels Federation has elected the general manager of Jurys Ballsbridge and the Towers Hotel, Dick Bourke as its new president.