Receivers have been appointed to The Lodge at Doonbeg and Doonbeg Golf Club in Co Clare.
Luke Charleton and David Hughes of EY, who have been appointed as joint receivers of the five-star resort, said the facilities would continue to trade as normal and all bookings, deposits and gift vouchers would be honoured.
They added that there would be no change to employment numbers or suppliers during the receivership process.
The Lodge at Doonbeg includes hotel accommodation and private properties amongst its facilities.
The receivers said they were aware of interest in the property and hoped to conclude its sale as a going concern in the near future.