Donegal's Jackson Hotel sale could be helped by euro weakness
One of Donegal’s best-known hotels has gone on the market — just as the weak euro brings an even-greater number of Northern Ireland visitors.
Jackson’s Hotel, a four star 138 bedroomed venue on Main Street in Ballybofey, is just 40 minutes drive from Londonerry.
The record weak euro — yesterday worth 71p — has brought even more Northern Ireland visitors to its doors.
Usually around 75% of the hotel’s visitors are from Northern Ireland, according to Megan Burke from agents DTZ Sherry FitzGerald, which is selling the hotel through private treaty.
As well as a healthy haul of Northern Ireland visitors, Jackson’s also has some of the largest conference and banqueting facilities in the county.
According to the agents, the sale represents an opportunity to run a highly profitable hotel, only 20 minutes drive from both Donegal town and Letterkenny.
The conference and banqueting offering comprises three large banqueting suites, three meeting rooms and two boardrooms. The Finn Suite caters for 1,500 theatre style and 700 banqueting style. The Pyramid Suite provides for 570 theatre style and 500 banqueting style and the Drumbow Suite provides for 240 theatre style and 160 banqueting style. The meeting rooms offer board room and class room style format.
There is also a leisure centre featuring swimming pool, sauna, steam room, Jacuzzi and gym together with off-street parking.
The hotel benefits from its proximity to Derry Airport, approximately 40km to the east, providing direct flight connections to Glasgow, Liverpool, London, Faro and Alicante.
Kirsty Rothwell, director and head of trading assets at DTZ Sherry FitzGerald, said: “Jacksons Hotel benefits from excellent facilities offering an incoming purchaser an exceptional business opportunity.”