Killarney hotel sells for 7 million euro

The Castlerosse Hotel in Killarney has been sold by the FBD group for a price tag in the region of 7 million euro. The hotel which overlooks the Lakes of Killarney was purchased by Con Horgan of Abbey Travel. The three story property includes a 9 hole golf course, 121 bedrooms and 27 self catering cottages.FBD announced the deal after buying out Con Horgan, a minority partner in the Tower Hotel Group. The group owns and manages a range of hotels on behalf of FBD. The Castleross Hotel was sold to Mr Horgan as part of a separate deal.