Friday 15 December 2017

Guests stranded at luxury Waterford hotel after dispute

Waterford Castle Hotel
Waterford Castle Hotel

GARDAI are monitoring a dispute at a luxury hotel situated in the middle of an island which saw guests stranded.

It is understood a dispute arose between the ferry operator and the Waterford Castle Hotel which lies on an island in an estuary of the River Suir.

It was reported that the private ferry stopped in the middle of the channel, and guests were unable to get on or off the island.

A garda spokeswoman confirmed that they were called to the scene at around 8pm tonight and were monitoring the situation.

“This is not a criminal matter, it’s a civil matter,” she added.

The ferry between Waterford Castle Island Resort and the mainland started running again after a two-hour stoppage at around 10pm this evening after a resolution was reached.

A liquidator has been appointed to the two companies that own and operate the Waterford Castle Hotel and golf course.

The High Court decided last month that the complex could be run as a going concern.

Counsel for the liquidator, Aiden Murphy, told the court there had been dramatic and speedy changes in the complex’s financial circumstances since the days of the boom.

Stephen Walsh, counsel for National Asset Loan Management Ltd, an arm of NAMA, was granted an order winding up the two companies, Negold Ltd and Cendant Ltd, which owe Nama just under €34m.

The 19-room hotel, located at Little Island, Ballinakill, employs 75 people. It also boasts a number of luxury lodges, a restaurant and bar and hosts weddings.

Breda Heffernan

Irish Independent

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