NI investors bet on a golf boom

St Andrews hotel sold in a deal brokered by Christie & Co

AN established golfing hotel in St Andrews is now in the hands of a growing Northern Irish hotels group after being sold by its long-term owners.

The Ardgowan has been acquired by investment firm Wirefox and has joined the company’s Marram Hotels portfolio. Located in the heart of the town, The Ardgowan’s close neighbours include the University of St Andrews and world-famous Old Course. It has been run by the McLachlan family since 2003.

Wirefox’s stated intention now is to operate the three-star rated hotel in its current form, with the existing team remaining in place.

The purchase – through Christie & Co – follows Wirefox’s acquisition of The Bushmills Inn in Northern Ireland earlier this year.

Wirefox’s Kathryn Robinson said: “As an iconic golfing hotel, it’s a great time for us to be adding the Ardgowan Hotel to our growing portfolio, with all indicators pointing towards a bumper year for golf enthusiasts off the back of The Open.

“Welcoming the current staff to Wirefox’s extended team, while continuing to trade, will allow us to gain a deeper understanding of the business and continue to provide the much-loved service guests have become accustomed to. We are grateful that the McLachlan family have agreed to work with us to ensure a smooth transition and we look forward to acting as custodian in the months and years ahead.”