Over 250 jobs are to be created in Dublin, Wicklow, Kilkenny, Galway and Mayo by an Irish-owned property management firm, it was confirmed today.
The new positions are part of a €350m investment by the PREM Group in the UK and Ireland during 2006.
PREM Group, which was established in 1996, said that the expansion will boost its portfolio of hotels, serviced apartments and offices by 50%. Nearly 200 jobs will be created with the opening of four new Days Hotels in Dublin Airport, Park West (Dublin), Kilkenny and Castlebar.
The premises will operated by PREM Group on behalf of Days Hotels under license agreement with franchisor, Cendant International. PREM is also building three new serviced apartment complexes under its Premier Apartments brand at Dublin Airport, Galway and Sandyford.
Further jobs will be created at the PREM-managed Tulfarris Golf and Hotel Resort near Blessington, Co Wicklow, which is currently undergoing a €50m redevelopment. A further 20 jobs will be created at PREM's head offices in Dublin and Liverpool.
MD Jim Murphy said that the group is expanding at an unprecedented rate and that they could not envision how successful they would be when they set up 10 years ago managing just one hotel.
PREM recently acquired 62 apartments in Hatton Garden Tower from Liverpool developer Downing at a cost of 15 million euro (£10m) in what was the largest property deal of its type in the city.
