Lough Rea Hotel sold to Supermac's owner

The owner of the Supermac’s fast food empire is continuing to expand into the hotel business with the purchase of a 91-bedroom hotel in Loughrea, Co Galway.

The Lough Rea Hotel and Spa is 10 minutes away from where Supermac’s owner Pat McDonagh lives in Co Galway.

Mr McDonagh acquired the Catletroy Park Hotel in Limerick in 2012, buying it for an estimated €3.5m — €22.5m less than it was sold for eight years earlier.