US fund Ranieri to check into Ritz-Carlton

Ranieri Partners is poised to make an investment in the Ritz-Carlton Powerscourt hotel in Enniskerry, which is currently under examinership.

20th January, 2013
Ritz-Carlton Powerscourt hotel in Co Wicklow.

Ranieri Partners, the US investment fund, is poised to make an investment in the Ritz-Carlton Powerscourt hotel in Enniskerry, Co Wicklow, which is currently under the control of a court-appointed examiner.

Ranieri is teaming up with Marriott International, the owner of the Ritz-Carlton franchise. Under the plan, Marriott will continue to operate the hotel, with Ranieri financing a rescue package for the debt laden property.

Carrylane, the company that developed the hotel, was placed into...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say