Mount Juliet goes on the market

The reknowned Mount Juliet Resort in Thomastown has been put on the market.

The reknowned Mount Juliet Resort in Thomastown has been put on the market.

Killeen Group Holdings have taken a strategic decision to exit the tourism business, having received expressions of interest in Mount Juliet Resort over a period of time.

The luxury hotel, golf course and leisure complex is set next to the river Nore near Thomastown in one of the most picturesque locations in the country and the estate once hosted major golf tournaments, including the Irish Open. The golf course was designed by Jack Nicklaus.

Also, the Lady Helen restaurant received a Michelin Star last year, one of only two restaurants in Kilkenny to receive the accolade.

Staff at Mount Juliet have been informed of the decision this afternoon.

Killeen Group Holdings has appointed Key Capital to manage the process and they are in discussions with a number of interested parties.

The Killeen Group believes that the timing is now right for this exercise, given the rapidly improving economic climate, the positive outlook for major tourism destinations in Europe and the significant plaudits recently received by Mount Juliet, all of which have combined to deliver an environment which sees the Resort trading strongly.

Mount Juliet is being sold as a going concern with outstanding opportunities for the further development of what is a truly unique Resort.