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Tag Archives: Ennis-Limerick motorway

Radisson hotel sold for €3.5m

A well-known South East  Clare hotel has been purchased by an Irish hotel investment company, iNua Hospitality, for €3.5 million. The sale of the Radisson Blu Hotel and Spa, which was made on behalf of joint receivers, Kieran Wallace and Niall Macklin, highlights the appeal investors currently see in the hospitality sector. Headed up by financier Noel Creedon, iNua Hospitality’s acquisition of the hotel is an addition to the company’s expanding portfolio of Radisson Blu Hotels, given their recent purchase of Radisson Blu Hotel and Spa in Little Island, Cork. “We are very pleased with this second acquisition, which has significant synergies with our Little Island property. We are excited about the development potential for this asset and we look forward to working with the staff and team in Limerick,” said Noel Creedon. iNua Hospitality CFO, John O’Brien, said, “We have now established iNua Hospitality as a key player in the industry. The purchase of both Radisson Blu Hotels in …

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