Tuesday March 31, 2020

Beacon of light

Paul Fitzpatrick’s latest venture is to set up a hotel in Edinburgh but, as Irish banks are reluctant to lend right now, he may have to raise the funding elsewhere

21st March, 2009

Paul Fitzpatrick looks every inch the stylish hotelier: sharp suit and open-neck shirt, perfect etiquette and an ability to put strangers at ease. Be warned, however, the demeanour quickly changes if you get Fitzpatrick, the owner of the Morgan and Beacon hotels in Dublin, talking about Irish banks.

‘‘Don’t get me started on those guys,” said Fitzpatrick. ‘‘We have arrived at this point as a result of bad banking, as a result of banking that...

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