Galgorm Collection Completes Acquisition of Roe Park Golf Resort
The Galgorm Collection expands its portfolio with Co Derry gem
In a significant move for the Northern Ireland hospitality scene, the Galgorm Collection has successfully secured the Roe Park Resort, located near Limavady in County Derry. This 118-bed, four-star venue was placed on the market in late June with an asking price of over £14 million. While details regarding the final sale price remain under wraps, The Irish News has confirmed that the Galgorm group emerged as the winning bidder, solidifying its reputation as a leading player in the regional hospitality industry.
A Compelling Acquisition
Roe Park Resort, which has been independently owned since its opening in 1995, features an impressive range of amenities, including:
- An 18-hole parkland golf course
- A state-of-the-art driving range
- A golf academy
- A luxurious spa
- Two renowned restaurants and bars
- A health club
The resort not only meets the luxury expectations of discerning travelers but also supports local golfers with its extensive golfing facilities.
The acquisition adds Roe Park to the Galgorm Collection’s prestigious portfolio, which already includes the flagship Galgorm Resort outside Ballymena, The Rabbit Hotel in Templepatrick, and The Old Inn in Crawfordsburn. The group has also made waves in the Belfast dining scene with restaurants like Parisien and Fratelli.
Recent Upgrades and Growing Potential
In anticipation of the sale, Roe Park made significant investments over the past three years, totaling approximately £3 million toward enhancing its facilities. Improvements were made to wedding and event spaces, guest accommodations, the golf course, and the introduction of a third self-catering property known as the Gate Lodge. According to the latest accounts, the hotel reported a pre-tax profit of £943,000 in 2022, with a turnover of £7.4 million—suggesting a robust business model that will benefit the Galgorm Collection.
Legal and Financial Proceedings Underway
The purchase remains subject to final legal and financial processes. Notably, several loans linked to Roe Park Holdings were satisfied as of October 21, indicating proactive measures in preparation for the ownership transition. This speaks to the calculated efficiency of both the current owners and the Galgorm group.
Strategic Timing for Golf Enthusiasts
The acquisition arrives at a strategic time, coinciding with the return of The Open Championship to Portrush, just 22 miles from Roe Park, in 2024. As golf tourism continues to thrive in Northern Ireland—fueled by landmark events—the Galgorm Collection aims to capitalize on the growing interest. Furthermore, the group is also engaged in exciting plans for a new championship links golf course in the Glens of Antrim, with discussions ongoing with approximately 30 landowners in the area. Should successful agreements be reached, the new facility could open ahead of the Ryder Cup’s return to Ireland in 2027.
Expanding Horizons
The Galgorm Collection’s strategy indicates its commitment not only to growth but also to enhancing the overall hospitality experience in Northern Ireland. With Roe Park adding a new dimension to their offerings, the group continues to position itself as a key facilitator for regional tourism.
Your Thoughts Matter
As the hospitality landscape in Northern Ireland continues to evolve, what are your thoughts on the Galgorm Collection’s recent acquisition of Roe Park? How do you think this will impact local tourism and the golfing experience in the area? Share your views in the comments below!
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