Jurys Doyle Hotel Group says that it has received an approach which may lead to an offer for the company.
"The approach is preliminary in nature and there can be no certainty that an offer will ultimatly be forecoming," the company said in a statement.
The announcement follows speculation over the weekend that it would be the target for a takeover from a consortium of Irish investors.
Jurys operates 32 hotels in Ireland, Britain and the US and 25 percent of the company is owned by the Doyle family.
Jury's shares are up 5% to €14.00 on Dublin's ISEQ.
