Dalata buys Clarion Hotel Sligo in Ireland for €13M

In Sligo, Ireland, the Clarion Hotel has been purchased by Dalata, which has managed the property for years and is expected to continue doing so. The hotel was offered for sale on behalf of receiver Aiden Murphy, a partner at Irish accountancy firm Crowe Horwarth.

“The Clarion Hotel Sligo is one of the largest and most profitable hotels in the North-West of Ireland and represented a rare opportunity to acquire a unique landmark property," head of hotels and leisure at real estate firm, Savills, said. "The sale attracted significant investor interest, resulting in competitive bidding and a strong sale price of €13 million, or €80,000 per bedroom.”

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The hotel, which has 162 bedrooms, was established in 2005 and is located in Sligo town.