Breaking News, World News and Taiwan News.

Luxury Irish hotel put on market for half of price from sale five years ago

DUBLIN -- A luxury Irish hotel made famous in the classic John Wayne movie “The Quiet Man” went on sale on Wednesday for half the price paid for it five years ago.

Ashford Castle, a five-star hotel on 365 acres (148 hectares) of land on the west coast, is on the market for 25 million euros (US$32.46 million) — 25 million euros less than property developer Gerry Barrett paid for it in 2007.

The Irish hotel sector — which expanded heavily during the “Celtic Tiger” boom years — was badly affected by the downturn in the Irish and global economies. Property prices in Ireland have collapsed in recent years.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search