Breaffy House resort in Co Mayo, which had been on the market guiding in the region of €3 million, has been bought out of receivership by Great National Asset Management, a hotel management company.
The resort, comprising two separate hotel properties and 12 apartments originally part of the Lynch Hotels group, will operate under the banner of Great National Hotels and Resorts.
Its new owner says the 230-bedroom hotel and sports complex “will undergo an extensive investment and refurbishment programme commencing immediately”.
Great National said the purchase also secured the future of the 120 staff working at the hotel.
The Great National group provides branding, administrative and management services to 35 hotels in Ireland and the UK. It operates a reservations facility from its headquarters in Ennis, Co Clare.
