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Lynch gets €100k backing for hotel

hotelier Michael Lynch is bouncing back big-time with the support of aviation entrepreneur Domhnal Slattery.

The Herald has learned that Mr Slattery has stumped up €100,000 to back a new venture established by Mr Lynch which it is thought will help bankroll the operation of the Kilkee Bay Hotel in Co Clare, where Mr Lynch is understood to have taken over the lease.

Before the crash, Lynch Hotel Group controlled seven hotels in Ireland.