New owners for the g Hotel
Published:
-
-
Author: Denise McNamara
~ 2 minutes read
From this week's Galway City Tribune
One of Galway’s best-known hotels, the ‘g’, has been sold to the owners of the former Jury’s Inn.
The Leonardo group has purchased the Renmore hotel within a year of the Choice Hotel group completing a million-euro refurbishment.
The chain, owned by Israeli billionaire David Fattal, is keeping the name and branding for the five-star hotel designed by London-based milliner Philip Treacy from Ahascragh in North Galway.
Opened to much fanfare at the height of the Celtic Tiger in 2005 by maths teacher-turned developer Gerry Barrett, it was later bought by investment firm Alanis Capital for a reputed €40m.
Mr Barrett’s property portfolio included Ashford Castle and the Meyrick Hotel, now rebranded The Hardiman, but €778m of his loans were taken over by NAMA (National Asset Management Agency), who sold on most it for just €97m to Deutsche Bank.
The Hardiman and House Hotel are still being run by the Choice Hotel group, which has invested huge sums into each.
The Leonardo group bought the former Jurys Inn chain in Ireland in 2017. The g Hotel brand joins joining the Leonardo Limited Edition collection of individually branded hotels, which includes The Dilly, London, The Grand, Brighton, Hotel Gotham, Manchester and The Midland, Manchester.
Pictured: The g Hotel: now part of the Leonardo group.
More like this:
Pupils from 16 schools take part in Garda-organised hurling tournament
The hurling superstars of tomorrow put their skills on show when the Gort Garda Seven-a-Side Hurl...
Mountbellew to show its shear class
Mountbellew will again welcome the cream of sheep shearers from all over Europe when the town hos...
Oughterard pub gets go ahead for major revamp after years of closed doors
A substantial premises in Tuam, which was once the heartbeat of nightlife in the town, is set to ...
Community groups across Galway invited to join new "Nature Network"
This article first appeared on Galway Bay FMCommunity groups across Galway have been invited to c...
University of Galway’s Tax Clinic wins Excellence in Education award
This article first appeared on Galway Bay FMThe University of Galway’s Tax Clinic has been recogn...
Local MEP says changes to CAP inspections will reduce red tape for farmers
This article first appeared on Galway Bay FMA local MEP says changes to the CAP inspection regime...
People of Finney Parish mark the 100th Anniversary of their church later today
This article first appeared on Galway Bay FMThe people of Finney on the border between Connemara ...
Atlantic Masters prepares for annual Lifeboat Swim
The Atlantic Masters Swimming Club along with the OMCSU & Galway RNLI Lifeboat Station have r...
Galway duo to take part in new Young Sheep Farmer Forum
Two young farmers from Galway have been chosen to take part in the new Kepak Young Sheep Farmer F...