Monday 20 November 2017

Couples reassured over weddings as receivers take over luxury hotel

David Raleigh

THE luxury Radisson Blu Hotel and Spa in Limerick has entered receivership, but worried couples who booked their wedding receptions at the venue have been told their bookings are safe.

Management at the hotel began contacting clients on Tuesday to inform them it was "business as usual".

The hotel employs 60 people, and is also a popular venue for business conferences,

"We paid a deposit by credit card. It's all I need now, to be honest," said one concerned groom.

"If all comes to all we'll get a barbeque and a tent and hold it in the back garden at home," he joked.

Management at the Ennis Road hotel could not be reached.

An employee confirmed: "All I know is that we're in receivership and that's it."

The employee, who wished to remain anonymous, added: "It's business as usual."

The receiver was appointed to the hotel on Tuesday – on the same day that a survey by showed Limerick city hotel rooms are the cheapest in the country.

Michael Vaughan, president of the Irish Hotels Federation, said that around 90 hotels around the country were in receivership, out of the 825 in Ireland.

Mr Vaughan, who runs the Vaughan Lodge Hotel in Lahinch, Co Clare, said receivers to hotels in general were attempting to "sort out very complicated arrangements in hotels which borrowed way too much money, which cannot be repaid."

He added: "Speaking generally, the view of the hotel federation is that these hotels need to be brought back into ownership of people with long-term interest in running them."

Irish Independent

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