Tuesday April 7, 2020

Bank of Scotland (Ireland) seizes two Irish hotels

Bank of Scotland (Ireland) has tightened its grip on the Irish hotel market, seizing two properties and a related theatre in Co Mayo.

9th June, 2012

Bank of Scotland (Ireland) has tightened its grip on the Irish hotel market, seizing two properties and a related theatre in Co Mayo.

The British lender has appointed receivers to the TF Royal Hotel and the Harlequin Hotel in Castlebar, as well as the Royal Theatre, one of the largest live entertainment venues in the country.

BoSI finances half of Ireland's hotels, but has taken an increasingly aggressive stance as it accelerates its departure from...

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