Jury's Inn hotel chain raises £60m to expand its brand into Europe | telegraph.co.uk

The Oman Investment Fund and Quinlan Private, the investment firm, have backed a £60m capital raising at Jury's Inn, the mid-market hotel chain. The two investors have each put £15m into the hotel group with Allied Irish Banks and Anglo Irish putting in a further £30m of debt between them. The funds will be used to drive Jury's growth in the UK and help it to establish itself in continental Europe.