Boutique Irish hotel goes on the market

Welcome Inn

In Castlebar, Ireland, the boutique Welcome Inn Hotel is up for grabs. The decision to put the hotel on the market was reportedly taken on the instructions of the receiver, George Maloney, of Dublin-based firm Baker Tilly, Ryan Glennon Limited. The receiver was appointed to the hotel by the Bank of Ireland on last month after it entered voluntary liquidation in February. 

The hotel had been run by the McHugh family since it opened in 1962, and McHughs are reportedly among the leading bidders for the property. 

The sale, by private treaty, is being conducted by Sherry FitzGerald Crowley of James Street, Westport.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


 

Read more on

Suggested Articles

The company intends to raise $100 million from investors to source mezzanine loan and preferred equity transactions in the hospitality sector.

With the transfer of 103 management and branding contracts, Sonesta's portfolio has more than doubled.

Airbnb has confidentially filed with the Securities & Exchange Commission to go public, with the number of shares and price range yet to be revealed.