Cork Airport Hotel staff welcome investment news

News of further investment in the 145-bed Cork International Airport Hotel has been welcomed by management and staff, as its new owner’s identity is confirmed.

The hotel has been bought from receivers Grant Thornton via Savills for about €5m by the Phillips Hotel Group.

Phillips spokesperson Vincent O’Farrell, who also has his own hospitality investments, has confirmed they will continue its management and staffing under the Tifco Group, and will look at further spending. It was built in the mid-2000s at a cost of €30-40m by developer Bernard McNamara