Thursday April 2, 2020

Be our guest - please!

Signs of life are returning to Ireland's hotel industry but, outside the main urban centres, the picture remains bleak. Philip Connolly reports.

13th October, 2012
2
Finnstown House, Lucan: on the market for €4.25 million.

After years of development driven by tax breaks, the Irish hotel market was one of the first dominoes of the national economy to topple, with a string of hotel developments falling into receivership. Now, though, activity in the property market is picking up sharply, as many hotels come up for sale.

Over the past few years, the National Asset Management Agency (Nama) and various banks have appointed receivers to hotels - from trophy assets such...

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