Cork's Castlemartyr Resort has been bought by the owners of the Sheen Falls

Singapore-based hospitality operators plan a major renovation programme

Castlemartyr Resort is one of Ireland's top hotels.

Cork’s Castlemartyr Resort has been purchased by the owners of the five-star Sheen Falls Lodge in Kenmare, Co Kerry. 

Castlemartyr Resort is the third Irish hotel acquired by Singapore-based Dubliners Dr Stanley Quek and Peng Loh. The purchase price is not being disclosed by the purchaser or vendor but is understood to be in the region of €20m.