The new owners of the Castle Mona Hotel have been revealed.
The Tevir Group has bought the historic building in Douglas from the Sefton Group PLC for £1.21 million.
In a statement released by the new owners, they say they 'respect the historical significance of the building' and have confirmed emergency repairs have begun.
As well as buying the Castle Mona, the group has also purchased the former Zurich House - which in based on Athol Street.
Sport event air ambulance callouts cost taxpayer £21,000
Calling the air ambulance out to three sporting incidents cost the taxpayer tens of thousands of pounds, it's been revealed.
Police hunt hit-and-run R-plate driver
Police are asking for your help trying to trace a driver after a hit and run incident in Douglas.
Warning about snow on Mountain Road
Motorists are being urged to drive carefully over the Mountain after a dusting of snow last night.
Cliff the puffin settles in Cornwall
A young puffin from the Isle of Man will be spending Christmas with friends in Cornwall after being rescued from a beach.
Ben my Chree helping on Dublin-Heysham route
The Steam Packet Company says the Ben my Chree has been chartered to help a fellow Irish Sea ferry company over Christmas.
Cost of sending letters is increasing in the new year
The Post Office says the cost of sending letters will increase in the new year.
Police looking for witnesses to a collision in Bride
The police are looking for any who who witnessed a collision in Bride that happened earlier this month.
Regulator investigating gas prices
The Island's energy regulator says it's looking into gas prices for commercial customers.
