Hotel on market for €10m

The Ring of Kerry gem-set hotel Parkna-silla, on 500 acres and with 62 lodges and villas, has been put up for sale for €10m.

The historic hotel has been visited by the likes of George Bernard Shaw who extolled its natural beauties, by Charles DeGaulle, Prince Rainier and Princess Grace of Monaco, and more latterly favoured by Bertie Ahern.

Parknasilla was last bought by the now hugely-indebted developer Bernard McNamara for €40m in 2006, when the seven Great Southern Hotels were sold off for €265m by the Dublin Airport Authority.