Ashford Castle pays almost 800 thousand euro in fees
Galway Bay fm newsroom - Five-star hotel, Ashford Castle in Cong paid out more than 3 quarters of a milion euro in professional fees during its receivership period.
The castle, which was put into receivership by Galway businessman Gerry Barrett, will re-open tomorrow after a revamp.Part of the grounds of Ashford lies in County Galway. It emerged from receivership last year, when Red Carnation Hotels bought the property for 20 million euro.According to today's Irish Independent, documents lodged with the Companies Office show that 785 thousand euro was paid out in fees over the 18 month period of receivership.