The Doyle family will take a stake of almost 30 per cent stake in the enlarged Jurys Doyle Hotel Group, if the current discussions are successfully concluded, writes Siobhan Creaton.

A due-diligence examination of the Doyle accounts by Jurys has begun and the talks are expected to continue for some weeks. A deal will also require formal approval from Jurys shareholders. IBI Corporate Finance is advising Jurys and PricewaterhouseCoopers is acting for the Doyle family.

Jurys is understood to be offering the family around £200 million for the hotel chain.