Munster hotel sales are early out of the traps for 2016, with more than €6 million paid in all for three well-known entities.

And, they’re off: Irish business magnate John Magnier’s name has been associated with the ‘agreed sale’ of Co Tipperary’s Cashel Palace Hotel. He’s also being talked about as a possible buyer for hoofer Michael Flatley’s Castlehyde House, which is on 150 acres next to Mr Magnier’s Castlehyde Stud, near his native Fermoy.