UP TO 100 jobs have been saved in Ennis and more could now be created with the news on Monday that The West County Hotel had been sold to the Treacy Hotel Group who are based in Waterford.
The iconic Clare hotel had been in the hands of the receivers for two years and was on the market for some time, with an asking price in the region of €2.5m.
Recent speculation had linked Tesco with the purchase of the hotel, putting the hospitality jobs at risk, but confirmation of the Treacy Hotel Group involvement means The West County will stay open as a hotel
According to receiver Declan McDonald of PWC, the sale is agreed and will be finalised in the weeks to come.
“Yes, staff were informed Monday that the Treacy Hotel Group have agreed to buy the West County Hotel. While the sale is agreed, this will not be completely finalised for a number of weeks,” he told The Clare People on Monday afternoon.
“This is good news for the future of the hotel and in particular for the hard working staff who have dealt with the uncertainty surrounding the hotel’s future for the past few years,” he added.
It is understood there was much interest in the hotel and, while the receiver would not be drawn on the price reached for The West County, reports suggest the figure is above €2m. Staff at the Ennis hotel were called to a meeting on Monday where they were given the good news that the sale with the Treacy Hotel Group had been agreed. The Treacy Hotel Group are family-owned and operate two hotels, one each in Waterford City and Enniscorthy.
It is now expected that there will be significant investment in the existing facilities at The West County in preparation for what is expected to be a very busy tourist season in 2013.
The West County (pictured left) was placed into receivership in January 2011 and was formerly owned by the Lynch Group. Originally built by the Lynch family and opened in the late 1960s, it has long been an iconic venue in Clare, boasting the largest function room in the county.
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