CBRE have confirmed the sale of the Slieve Russell Hotel Club to Brady Hotels Ireland Limited.
The 224-bedroom hotel includes luxurious and extensive banqueting and leisure facilities together with a renowned PGA Championship golf course. The Slieve Russell is an iconic hotel business in a stunning countryside setting strategically located equidistant from Dublin and Belfast.
The resort on approximately 120ha/300 acres, opened in 1990 and quickly gained recognition as one of Ireland's premier upscale hotels. As the business thrived there were numerous extensions over the years
and now the buildings extend to approximately 27,500 sqm / 296,007 sq ft. The hotel presents in excellent condition on foot of considerable capital investment of almost €7.5m since 2019.
Slieve Russell Hotel features impeccably furnished guestrooms and suites ranging in sizes from 22 sq. m to 80 sq. m. They have a contemporary design with a touch of elegance, providing a relaxing atmosphere.
The Hotel has an extensive food and beverage offering with four outlets that provide options for every occasion. The hotel features the Cranaghan and Woodford and Erne Banqueting Suite and attracts wedding business from a wide catchment area both north and south of the border. The hotel has capacity to host national conferences with capacity for up to 1,000 delegates, with private entrance and car parking for approx. 800 cars.
The Ciúin Spa at Slieve Russell features 13 treatment rooms, is a sanctuary of relaxation nestled within the tranquil countryside. The Slieve Russell Country Club facilities include a 20m pool, Jacuzzi steam room, sauna and fitness suite. The resort boasts an acclaimed 18-hole championship course, a 9-Hole Par 3 Academy Course, a 3-Bay Floodlit Driving Range, a Putting Green and a Practice Area. Designed by the highly regarded golf architect Patrick Merrigan, Slieve Russell is one of just eight PGA National designated resorts in the world. The Championship par-72 course measures over 7,000 yards. It is set amongst a stunning visual backdrop of Cavan’s countryside lakes and drumlins with part of the 50 acres of water that make up the Slieve Russell estate playing an intricate part in the design. The course is regarded as one of Ireland’s
best parkland courses.
The resort is situated in Ballyconnell a picturesque town of Co Cavan which is well known for its abundance of popular lakes. The rolling landscapes are dotted with charming villages and towns, offering a true taste of Ireland. Slieve Russel Hotel is in ‘Ireland’s Hidden Heartlands’, an initiative by Failte Ireland, to promote tourism in the region. Self-styled as Ireland’s best kept secret, the Hidden
Heartland’s provides visitors with a unique, authentic, local and immersive visitor journey, boasting many unique experiences and offers opportunities to get ‘active in nature’ with a multiple of vibrant waterways and myriad walking trails. Slieve Russell has attracted some major golf tournaments over the years, hosting two European Tour events and the Irish PGA Championship. Additionally, since 1997, the venue also stages an annual PGA pro-am.
Tony Brady of the Brady Hotels Ireland Limited commented “It is a real honour to be the successful purchaser of this beautiful property. It has an outstanding golf course and a lovely hotel. The golf course has got PGA National status, the only such golf course in Ireland and one of only a limited number of PGA courses in the world. I have also been really impressed with the staff and in particular the general manager Tony Walker and Orla Murphy who is head of HR. The Slieve Russell will continue to be run by a local team who are doing an excellent job. Slieve Russell employs hundreds of people locally, both full and part time, and it an important part of the community”.
Paul Collins Head of CBRE Hotels Ireland added “This was a tremendous sale to be involved in. We had considerable interest from both domestic and international investors and while the ultimate buyer is an Australian company, they have extremely strong Cavan connections”.
