Funding expansion in Westport

Funding expansion in Westport

Bank of Ireland Corporate Banking was delighted to have continued our support of the Westport Hotel Group through the recent refinancing of the Group’s bilateral debt facilities.

An established family-owned business with over 45 years of hotel operating experience, the Group has an existing portfolio of three 4-star hotels in Westport, Co. Mayo, namely The Castlecourt, The Plaza and The Westport Coast.

Joe Corcoran, CEO of the Westport Hotel Group said: “We are delighted to have the continued support of Bank of Ireland to assist us in financing the future expansion and refurbishment requirements of our family owned hotel group. The Bank of Ireland Hotels Team acted in a professional manner throughout and were always on hand to offer their expert advice, which ultimately resulted in the transaction closing in line with a very aggressive timetable.”

Rob Quinn, Associate Director at Bank of Ireland Corporate Banking said: “We were delighted to continue our longstanding support of Joe and the wider team at the Westport Hotel Group. The debt package notably provides funding for the future expansion of The Westport Coast Hotel and evidences Bank of Ireland’s continued support of regional hotel operators.”

Meet the Team