AJ Capital Partners Announces Acquisition of Slieve Donard Resort & Spa
Slieve Donard will mark the first Irish property in the Marine & Lawn Hotels & Resorts collection
Nashville, Tenn. - Adventurous Journeys (AJ) Capital Partners announced today that it has acquired Slieve Donard Resort & Spa in Newcastle, County Down in Northern Ireland. The property has been acquired from Hastings Hotels, the largest independent hotel operator in Northern Ireland, who has proudly operated the property since 1972. Positioned adjacent to the world-renowned Royal County Down Golf Club, the 181-key hotel will be the first Marine & Lawn Hotels & Resorts property in Northern Ireland and the fourth hotel in the collection. Slieve Donard Resort & Spa will join Marine & Lawn properties launched in summer 2021, including Rusacks St Andrews in St Andrews, Scotland; Marine North Berwick in North Berwick, Scotland; and Marine Troon in Troon, Scotland.
The property offers four food and beverage venues, 11 meeting and conference rooms, a ballroom and a two-floor spa, which includes a swimming pool, vitality pool, fitness studio, steam room, relaxation room, and 14 treatment rooms. Slieve Donard is located 30 miles south of Belfast and 90 miles north of Dublin. Regarded as one of the most iconic hotels in Northern Ireland, it has served as host to several prominent golf events, including The British Amateur Championship, The Curtis Cup, The Walker Cup and, most recently, the Dubai Duty Free Irish Open.
The hotel will continue to operate in its current form through summer 2022, including the annual Santa’s Polar Express Christmas experience. Renovations to the property will begin in October 2022 and culminate in the spring of 2023. Upon reopening, the reimagined Slieve Donard will offer decor inspired by the narratives of the destination’s rich past, including updated guest rooms and renovated food and beverage and meeting and event spaces.
“AJ Capital Partners’ acquisition of the Slieve Donard Resort and Spa is encouraging news for hospitality and tourism in Northern Ireland and, in particular, for the burgeoning golf tourism industry here – which has been an important driver of local tourism in recent years and shows significant growth potential in the future,” said Howard Hastings, Managing Director of Hastings Hotels.
“This investment is a strong sign of confidence in the local market by a major international hotel operator with exciting ambitions for the Slieve Donard in the coming years. I have every confidence that AJ Capital Partners will be sympathetic to the heritage of the hotel and that, under their leadership, it will continue to flourish and maintain its reputation as an iconic destination in Northern Ireland.”
Marine & Lawn Hotels & Resorts is a collection of luxury hotels located in the world’s most premier golf destinations. Each property establishes a one-of-a-kind setting for guests, weaving the legends of centuries of golf history into design details throughout each hotel. Launched in March 2021, Marine & Lawn’s first three properties are located in Scotland, including Rusacks St Andrews, Marine North Berwick and Marine Troon. The acquisition of Slieve Donard will expand Marine & Lawn into one of the premier golf markets in Northern Ireland.
Marine & Lawn Hotels & Resorts joins AJ Capital Partners’ growing portfolio of hotels throughout the United Kingdom. AJ Capital additionally owns and operates Graduate Hotels®, which recently launched The Randolph Hotel by Graduate Hotels® in Oxford, England and Graduate Cambridge in Cambridge, England.
About Adventurous Journeys Capital Partners
Adventurous Journeys (AJ) Capital Partners, based in Nashville, is an accomplished team of hospitality and real estate investors whose innate passion is to create a one-of-a-kind portfolio of timeless assets. The counterculture investors acquire, design and develop transformative real estate throughout the US and UK. In fall 2014, AJ Capital Partners launched the Graduate Hotels® collection. AJ Capital Partners continues to grow its portfolio of lodging investments, firmly establishing the group as visionary leaders in the lifestyle-driven investment industry. For more information on AJ Capital Partners, please visit www.ajcpt.com.