The Lough Erne Golf & Hotel Resort was opened in October 2007 by Irish businessman Jim Treacy. It is situated on a 600-acre peninsula between Castle Hume Lough and Lower Lough Erne. On 12 May 2011 it was announced that Castle Hume Leisure Limited – the owner of the hotel – had gone into administration, and as of May 2011 its future is uncertain. The Lough Erne Resort hosted the Lough Erne Challenge in 2009 and 2010. It was also due to host the 2017 Irish Open golf tournament but the event was moved to a different venue.