Thursday 14 December 2017

Darlings of the hotel business, Bernie — one of the heirs to the PV Doyle hotel empire — and John, both 57, also know a thing or two about timing. They sold off most of the Doyle hotel empire's assets to developers for more than 1.1bn as prices hit their peak during the most bonkers phase of the boom.

Doing so enabled them to clear their debts and walk away with a portfolio of classy hotels including the Westbury and River Lee, two in London and one in Washington. They own 25pc of the business.

They have also got back into the property game, buying up the Bord Gáis Energy Theatre for 28m as well as office blocks and shops here and in Poland. Among other things, during his spare time John is the lead singer of Dakota 66, an indie rock band which has played at Electric Picnic a few times.

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