Galgorm Collection Acquires Historic Properties

News Summary

The Galgorm Collection has announced a major £50 million acquisition, adding the Galgorm Castle Estate in Ballymena and the Roe Park Resort in Limavady to its portfolio. This investment demonstrates the brand’s commitment to enhancing the golfing and hospitality experiences in Northern Ireland. Along with immediate improvements and plans for a new adult-only spa, this deal ensures that visitors can expect superior facilities and a unique getaway experience in the coming years.

The Exciting Expansion of the Galgorm Collection!

Big news in the world of golf and hospitality! The Galgorm Collection, known for its stunning resorts and golf offerings, has just made a splash with a massive £50 million acquisition deal. They have snapped up two historic properties: the beautiful Galgorm Castle Estate in Ballymena and the lovely Roe Park Resort in Limavady. This move isn’t just about acquiring real estate; it’s about enhancing the golfing experience for everyone!

A Closer Look at the Deal

Breaking the deal down, £28 million went straight into the acquisition costs. But that’s not all! There’s another £22 million earmarked for investments over the next five years. Planning for the future has never looked better! This kind of investment is a clear indication of the Galgorm Collection’s commitment to providing top-notch facilities and experiences.

Exciting Developments Ahead

So, what can we expect from this new chapter? First off, at the Roe Park Resort, plans are underway for a brand new adult-only spa. This will surely be a welcome addition for those looking to unwind and relax. Over at the Galgorm Castle, improvements to the golf course are on the agenda, which will only enhance the overall golfing experience.

A little fun fact for golf enthusiasts: the Championship Castle Course at Galgorm has hosted prestigious events, including the 2020 Dubai Duty Free Irish Open and is set to welcome the NI Legends Open in 2025. With a pedigree like this, it’s clear that the course is not just a pretty face!

Relaxation and Accommodation

Now, let’s not forget about the overall pampering experience that awaits visitors. The resort boasts an incredible Thermal Spa Village nestled beside the stunning River Maine, making it a prime spot for relaxation. And when it comes to staying over, Galgorm Collection has got it all covered! Accommodations range from luxurious hotel rooms to unique log cabins and even cozy shepherd’s huts, catering to everyone from couples to big families.

Success and Future Goals

In 2024, the Galgorm Resort reported a healthy pre-tax profit of £6.9 million with a turnover of £37.7 million. The resort employs about 650 staff members, which not only contributes to the local economy but also shows how committed they are to providing great service. Additionally, they have paid out a substantial £2.4 million dividend to shareholders last year!

Major Expansion Plans in the Works

But wait, there’s more! The Galgorm Collection has ambitious plans to invest a whopping £40 million for further expansions by 2027. This includes a brand new championship links golf course planned for the picturesque north coast of Derry. This shows their serious intent and belief in the potential of the golfing and hospitality scene in the area.

Golf for Everyone!

Golfers of all skill levels will find something to enjoy here. The Galgorm Castle Golf Club features a delightful 6-hole Wee Course perfect for beginners, as well as a full-length driving range complete with TopTracer technology to help those looking to improve their swing.

Conclusion

With these exciting acquisitions and investments, it’s clear that the Galgorm Collection is on a path of growth and enhancement in the Northern Irish hospitality and golfing sector. Whether you’re a golfer, a relaxation seeker, or just someone looking for a unique getaway, the Galgorm Collection is gearing up to offer something special for everyone!

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