Hotel sales bed down

HOTELS in Cork, Kerry, Clare and Tipperary all feature in the latest burst of investor and end-user activity in the hospitality sector market.

Most prestigious, but also with the smallest tally of bedrooms, is architectural gem, the Cashel Palace Hotel, in the heart of the Co Tipperary town, where some of its 25 acres extends to the Rock of Cashel, which gets over a quarter million visitors a year.

The 19-bed and two-suite luxury four-star Cashel Palace Hotel ceased trading prior to Christmas, with the loss of 30 jobs. The building dates to the early 1700, was built as a residence for a Protestant Bishop, and became an hotel in the 1960s, owned at one stage by Vincent O’Brien.