Tuesday 11 December 2018

Hotelier Xavier McAuliffe (72) has returned to his luxurious Lyrath Estate Hotel in Kilkenny after buying it back for €25m from receivers who took control of it from the investment consortium he had led during the crash. He has just finished a €5m revamp of the property and is planning a major retirement village on the site. McAuliffe, who also owns Ireland's speed camera operator GoSafe, originally made his money through the Spectra Photo empire that he started in the 1960s in his garden shed in Listowel, Co Kerry.

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