The Irish hotel industry is, for many involved in it, a place of difficulty, despair and disbelief. Grim determination to survive is the order of the day, writes Ian Kehoe.
As soon as the receivers checked in, Pat Jennings was forced to check out. The accountants arrived six weeks ago, late on a Friday afternoon, ready to take over the running of the two hotels he controlled in the Co Mayo town of Castlebar. No fuss, very little fanfare. One group checked in. One man checked out.
Jennings never saw it coming, but in hindsight, he probably should have. He borrowed to expand, and he...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team