Ireland: CBRE Hotels has sold Ballymascanlon House Hotel in County Louth to TMR Hotel Collection by Davy Real Estate for an undisclosed sum.
Ballymascanlon (known as the Ballymac) comprises 97 bedrooms and is set on 130 acres of parkland.
It has hosted significant events and guests over the years, including The Beatles, George Best, Pavarotti, the Liverpool and Spurs football teams, and held the first Ecumenical meeting of the four main churches of Ireland North and South, as well as the first cabinet meeting outside of Dublin after the foot and mouth crisis.
Oliver Quinn, managing director of Ballymascanlon House Hotel, said: “After three generations of ownership, we have agreed to sell the hotel. We have thoroughly enjoyed working with and thank an outstanding team at the hotel during this period and we have no doubt that the hotel will continue to thrive under its new owners.”
He continued: “The hotel has been an important part of the Quinn Family life for three generations. We would like to take this opportunity to thank all our customers for their loyalty over the years and wish the new owners every success into the future.”
Eimear Fox, director of Davy Real Estate, said: “We are delighted to add the iconic Ballymascanlon House Hotel to the TMR Hotel Collection. This strategic investment will complement our existing collection of 13 four-star and five-star Irish hotels which includes Harveys Point, Aghadoe Heights, Connemara Coast Hotel, Mount Wolseley and Farnham Estate.
“As with all hotels acquired by TMR Hotel Collection, we plan to invest in the business over time. The “Ballymac” is a very successful business with a widely held reputation for excellence in standards and service. We look forward to welcoming long standing and new guests and building on the reputation of the business while maintaining the highest standards of service achieved by the Quinn family. Staff are the cornerstone of any good business, and we very much look forward to working with all the loyal and dedicated staff of The Ballymac.”
John Hughes, director of CBRE Hotels, added: “The sale of the full-service four-star hotel offering extensive facilities and a platform to further develop a quality business. The Ballymac is synonymous with business in the North East region where the Quinn Family have, over generations, developed a business with pride.”
