Executive summary by darmansjah
Ashford Castle is a medieval castle that has been expanded
over the centuries and turned into a five star luxury hotel near Cong on the
Mayo/Galway border in Republic of Ireland, on the shore of Lough Corrib.
Ashford Castle is a member of the Leading Hotels of the World organisation. It
was previously owned by the Guinness family.
The Castle passed to Ardilaun's nephew Ernest
Guinness.[citation needed] It was sold to the Irish government in 1939.
Noel Huggard opened the estate as a hotel, which became
renowned for the provision of its country pursuits, such as angling and
shooting. Noel Huggard's parents had been in the hotel business in Waterville,
County Kerry, since 1910 and his grand daughters, Louise and Paula, run The
Butler Arms Hotel there to this day.[citation needed]
Main gate at the entrance to the castle grounds
In 1951, the film director John Ford came to the west of
Ireland to film what would become a movie classic, The Quiet Man, starring John
Wayne and Maureen O'Hara. The grounds of Ashford Castle, as well as nearby
Cong, formed the backdrop for much of the action in the film.
In 1970, Ashford Castle was bought by John Mulcahy, who
oversaw its complete restoration and expansion, doubling its size with the
addition of a new wing in the early 1970s, building a golf course and
developing the grounds and gardens. In 1985, a group of Irish American
investors, which included Chuck Feeney and Tony O'Reilly, purchased Ashford.
The Castle was sold by these investors in 2007 for €50 million to Galway-based
property investor Gerry Barrett and his family. While some of Mr Barrett's
extensive property loans were to be managed by the Irish National Asset
Management Agency (NAMA), Ashford was financed by Bank of Scotland (Ireland),
who placed the property in receivership in November 2011, though the hotel
continued as a going concern, run by the Tifco Hotel Group, an Irish hotel
management company. In September 2012, it was voted the best resort in Ireland
and the third best in Europe by Condé Nast Traveler.
In October 2012, the hotel was put up for sale and was
valued at around €25 million, half of what Barrett paid in 2007. The hotel
currently has 83 bedrooms, six of which are suites. Barret's plan to add
another 13 penthouse bedrooms and 30 lodges in the castle grounds has not gone
through. In May 2013, the hotel was bought by Red Carnation Hotels, a group
which owns several other boutique hotels, for €20 million. The new owner plans
a major refurbishment and the sale is expected to preserve the roughly 160 jobs
(high season, dropping to 120 in low season) at the property. According to the
receiver, Ashford Castle was profitable even during the period of receivership.
Niall Rochford, long-time manager of the property, has said that staff accepted
a 20% to 30% paycut to ensure the hotel's survival.
Today, most of the guests come from the US (60%, 30% from
Ireland, 10% from elsewhere), with Californians accounting for the largest
share.
In its time the castle has played host to many notable
guests, including: King George V and his consort Queen Mary; John Lennon;
George Harrison; Oscar Wilde (whose father, Sir William Wilde, had an estate
adjacent to Ashford, where the writer spent much of his childhood); President
Ronald Reagan; Prince Edward, Earl of Wessex; US Senator Ted Kennedy; John
Wayne; Brad Pitt; Pierce Brosnan; and Prince Rainier III of Monaco and his
consort, Princess Grace.
No comments:
Post a Comment