‘Trophy asset’ Slieve Donard fetches £40m
The prestigious resort hotel in Co Down has been sold to AJ Capital Partners, a Nashville-based developer and hotel operator
Hastings Hotels last week announced the £40 million (about €47 million) sale of the Slieve Donard Resort and Spa to US-based Adventurous Journeys (AJ) Capital Partners – a Nashville-headquartered real estate developer and hotel operator, with over 40 hotels based in the US and Britain.
Hastings Hotels – the largest independent hotel operator in Northern Ireland – described the sale as a “positive development”, presenting a timely opportunity to continue investing in its portfolio of six...
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