Co Cork hotel sells to Scottish company for well over guide price
Carlton Hotel near Kinsale was put into receivership in 2012 but is now profitable
Carlton Hotel and Spa in Cork: the 70-bedroom hotel was developed in a stunning waterfront setting in 2006 at a cost of almost €25 million
Ownership of yet another Irish hotel has passed to an overseas company. A Scottish hotelier has bought the Carlton Hotel and Spa close to the holiday town of Kinsale, Co Cork, for marginally more than €6 million, which is well ahead of the guide price of €4.25 million.
The 70-bedroom hotel was developed in a stunning waterfront setting in 2006 at a cost of almost €25 million by a Cork-based consortium known as Gable Holdings.