Co. Wicklow's five-star Druids Glen Hotel & Golf Resort has been acquired by the Neville Hotel Group.
The announcement comes three months after sources familiar with the matter revealed to The Irish Independent that the resort's former owners were in advanced discussions with the Neville Group about the venue's potential sale.
Purchase Price
The Irish Times reports that it is understood that the group purchased the property for a figure close to its €45 million guide price, which was set by estate agency Savills when the resort hit the market in August of last year.
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
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