Five-star Kerry hotel to be sold for €5m

One of the country’s premier hotels, the five-star Sheen Falls Lodge in Kenmare, Co Kerry, is to be sold in a deal worth about €5m.

Staff have been told of the change of ownership and the sale is expected to be signed shortly.

It follows the €10m-plus purchase of another top Ring Of Kerry hotel, Parknasilla, which was acquired last month by international buyers headed by Swiss-Lebanese billionaire Jacqui Safra. He owns a private island next to Parknasilla’s 400 acres.