Park Hotel Kenmare records €878k loss as new owner invests €18m in luxury redevelopment

New accounts show losses at the five-star Kerry hotel as its US-based owner funds a major redevelopment programme

New owner of the Park Hotel in Kenmare, Bryan Meehan says 2026 will see the completion of a number of redevelopment projects. Picture: Domnick Walsh

The firm which operates the 5-star Park Hotel Kenmare in Co Kerry recorded pre-tax losses of €877,932 in 2024 as its new owner invested €18m in the property across 2025 and 2024.

Dublin-born and US-based entrepreneur Bryan Meehan purchased the 46-bedroom luxury hotel from high-profile hoteliers and TV’s Brennan brothers, Francis and John Brennan and executive chairman at Glen Dimplex, Fergal Naughton, in November 2023.