RECEIVERS have been appointed to Carlow's 78-bedroom Dolmen Hotel after it ran into financial difficulties.
The three-star Dolmen is now being run as a going concern by KPMG accountant Padraic Monaghan.
The receivers were called by Irish Nationwide, which has been more aggressive than most other banks when it comes to reclaiming loans.
The Dolmen has been run by John Flannery for the past few years. It was built and owned by former Kilkenny People owner and businessman John Kerry Keane in the 1980s. The hotel has 12 lodges and three executive suites as well as 78 bedrooms.
"The hotel will continue to trade as normal, under new management, during the receivership," KPMG said.
"The receiver is confident that the process of receivership will enable it to continue to trade successfully and profitably in the future. All customer bookings will be honoured and there will be no interruption in trade. The hotel staff will continue to be employed."