#hotel-acquisitions

#hotel-acquisitions

That is one of several conclusions you're likely to draw after reading an article by Sheila Yasmin Marikar recently published in Air Mail. Marikar takes the reader into the world of small boutique hotels, the sort of establishment that attracts travelers looking for properties with an independent streak and a unique approach to doing business. The challenge here, though, is figuring out where that line exists, as some iconoclastic companies have acquired massive corporate parents over the years.

'People have made lots of money from these hotels. But when they get them back, they know refurb costs will be huge and they don't have the appetite,' Talbot MD Philip Gavin said The Talbot Collection hotel group plans to continue its expansion and buy more hotels and is eyeing up former hotel properties coming to the end of direct provision contracts with the State as it looks to continue a nationwide expansion.