It’s lovely, and fair price for Tralee’s Fels Point - one among many

Cork, Kerry and Limerick hotels are among a portfolio of seven profitably trading Irish hotels being sold as a bundle, or individually, by Nama in the so-called Crystal Portfolio, valued all-in at €35m and totalling over 830 beds.

Six of the seven are new offers to market, via agents CBRE, while Cork city’s Metropole Hotel had been for sale last year as part of another €30m cluster of hotels with different agents, Savills, and which included the Malton in Killarney, and Kilkenny’s Ormond Hotel.

Those two latter hotels sold in 2014, now, the 112-bed three-star Metropole Hotel’s price guide via CBRE remains unchanged, at €4m, and is widely associated with the city’s annual Jazz Festival. Its leisure centre has 1,000 members.