Done and dusted as sale agreed signs go up for hotels
Fetching close to €2m was the Clare Inn, Dromoland, Co Clare. It made double its initial quoted AMV of €900,000, a price level which drew 100 expressions of interest — not surprising, given that B&Bs traded in Munster during the boom for that and more.
The huge, sprawling 180-bed hotel near Dromoland Castle went for sale earlier this year with Savills, who guided it at just €900,000, reflecting the trading difficulties of such a large hotel in the mid-west region.
