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Tag Archives: Gordon Kearney

Strong interest in sale of Killaloe Hotel with €2 million tag

PLACING well known hotel in Killaloe on the market with a guide price of €2 million has attracted more than a dozen inquiries, according to a Limerick-based auctioneer. It is believed that Gary McNamara, the son of EuroMillions winner Dolores McNamara has put a hotel he purchased in 2019 up for sale after it never re-opened its doors. Mr McNamara, who owns Tinerana House, Ballycuggeran, Killaloe, and is farming in the locality, has a number of business interests in the locality including Lough Derg Marina. The Killaloe Hotel was only placed on the market two weeks ago and already it has attracted a lot of inquiries from interested investors. This include five viewings of the 32-bed boutique hotel with all ensuite rooms with more expected over the coming week. The hotel closed unexpectedly in early January 2019 with the loss of up to 40 jobs. Speculation that it would re-open later that month never materialised. Gordon Kearney of Rooney Auctioneers, …

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