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Aghadoe Heights Hotel & Spa Sold

Published on Jul 3 2014 3:18 PM in Hotel

Aghadoe Heights Hotel & Spa Sold

Aghadoe Heights Hotel & Spa in Killarney, Co. Kerry has been sold for over €6 million to an anonymous European investor. The investor is believed to have interests in a number of well-known hotels worldwide.

Property developer Jerry O'Reilly, who has owned the hotel since 1998, sold the hotel in an off-market deal to the new investors and DTZ Sherry Fitzgerald handled the sale. According to the hotel, the sale was made following a number of unsolicited approaches from interested parties.

The hotel is a five-star, 74-bedroom property with a spa, which has won several awards. The hotel has undergone significant redevelopment in the last number of years and it made a profit last year. 

The hotel will remain under the same management, business is expected to continue as usual and staff will not be affected.

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