Limerick-born brothers John and Patrick Collison, founders of online payments company Stripe, have been named as winners of the Irish Times Business Person of the Year Award.

LEADING Irish investment and hotel asset owners Tetrarch Capital plans two Cork city centre hotels in side-by-side 19th century stone warehouse building being sold by Cork City Council, who had acquired them from Nama.

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 decision to retain the Vat rate at 9% for tourism is a very positive move.

The Dalata Hotel Group is hoping to use proceeds from its upcoming flotation to expand its property network, either via single asset purchases or the buyout of rival groups’ portfolios.