Northern Ireland hospitality group Galgorm Collection has acquired the Galgorm Castle Estate in Ballymena and Roe Park Resort in Limavady for a combined £28 million.
The company has also committed an additional £22 million to enhance the properties and estates over the next five years.
“These are two iconic properties with strong legacies, and we are committed to building on their successes,” said Colin Johnston, Managing Director of Galgorm Collection.
“Our £22 million investment will further enhance their offerings, creating new opportunities for guests to enjoy unparalleled experiences,” he added.
The company plans to open a new adult-only spa at Roe Park Resort, and improve its golf offering at both locations.
“Detailed plans will be unveiled in the coming months, solidifying the estate’s reputation as a premier destination for world class golfing experiences,” the company said in a statement.
Conor Murphy, Northern Ireland’s Minister for the Economy said this latest investment by Galgorm Collection represents a major boost to the wider economy and local communities.
“Galgorm Collection is already a key player in our hospitality offering and this investment demonstrates their commitment to the sector and is a vote of confidence in the tourism potential here for local and international visitors,” he said.
“The investment very much aligns with my economic plan of delivering good jobs and a regionally balanced economy where economic development is felt beyond our main urban centres,” he added.
Galgorm Collection owns a number properties including the Galgorm, The Rabbit Hotel and Retreat, and The Old Inn.