Ashford Castle sold for €20m
The South African chain Red Carnation Hotels has bought the the five-star Ashford Castle hotel in Co Mayo for ���20 million. Tom Barrett of estate agents Savills handled the sale for receivers Ernst & Young.
The hotel was owned by Gerry Barrett's Edward Holdings after the developer bought the castle and 365 acres of land overlooking Lough Corrib from a group of Irish-American investors in 2008 for €50 million. Ashford...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team