A RECEIVER has been appointed to the fourstar Clarion Hotel in Sligo. But it's business as normal for staff and customers.
The hotel, with more than 160 rooms, will continue to operate under its existing management.
All deposits paid for future business will be honoured in full.
The appointment of the receiver, Aiden Murphy of Crowe Howarth Accountants in Dublin, will have no impact on day-today operations of the hotel.
Membership subscriptions to the leisure centre will continue to be valid.
A spokeswoman for Sligo Chamber said it was saddened to hear of any business going into receivership.
However, the spokeswoman added that the Chamber was confident the future of the hotel could be secured.
She also pointed out that it had gained many major corporate events in recent times. It was also the base for some major recent sporting events.
On Saturday night last, it was the venue for League champions Sligo Rovers end-of-season dinner.
The hotel, on the site of the former St Columba's Hospital, opened its doors on April 22, 2005.
Its development, with its impressive facade retained, marked a major transformation of what was once a lunatic asylum and a psychiatric hospital.