Receivers appointed to Lynch Hotel Group

Nevermind_

http://www.irishexaminer.com/breakingnews/ireland/receivers-appointed-to-lynch-hotel-group-490993.html

Sad to see it happen to any business but i dont think this will mean any hotels actually closing or massive job losses.
BOSI will probably just appoint a management company

Balagan

Receivers appointed to two hotels in Lynch Hotel Group
http://www.irishexaminer.com/breakingnews/ireland/eysnausnsnmh/
They've mistakenly put photo of Dromoland Castle, instead of The Clare Inn

Lady Chatterton

Balagan wrote: »

Receivers appointed to two hotels in Lynch Hotel Group
http://www.irishexaminer.com/breakingnews/ireland/eysnausnsnmh/
They've mistakenly put photo of Dromoland Castle, instead of The Clare Inn

The picture in the Examiner is of Breffey House Hotel in Castlebar (part of the Lynch Group) not Dromoland Castle

golden8

Balagan wrote: »

Receivers appointed to two hotels in Lynch Hotel Group
http://www.irishexaminer.com/breakingnews/ireland/eysnausnsnmh/
They've mistakenly put photo of Dromoland Castle, instead of The Clare Inn

Think your mistaken thats Breaffy House not Dromoland Castle

see link below

http://www.breaffyhousehotel.com/

Balagan

My mistake about the hotel identification. Hadn't noticed this thread at all and wouldn't have repeated another's posting.

Though I had posted in the thread about possible new Tesco in Ennis.

Clareman

You had Balagan, I moved it in here, at the moment Lynch Hotels and Michael Lynch Builders are separate organisations and there was a thread on the hotels issues

CptSternn

I'd say it won't take long to get it sorted. Look at what happened to Woodstock just a couple years ago sure.

kollegeknight

What effect will this have on the Gym at the clare inn and memberships. I know the kingfisher is a seperate company but they rent the gym part owned by lynch.


Re the Woodstock, i have a number of friends who were stung from buying membership a weekbefore it went into receivership and no come back on it and no membership replacement when the new company took over. so although the woodstock got sorted, people still got shafted.

Kristopherus

And to add to the intrigue, Breaffy House has already had a stint in Admininstration. Local suppliers had to settle for 3c in the € :eek::eek:and of course were promised the sun,moon & stars if they did settle. I don't hold out much hope for Breaffy House. Though I would'nt have much sympathy for BOSI either !!

golden8

Kristopherus wrote: »

And to add to the intrigue, Breaffy House has already had a stint in Admininstration. Local suppliers had to settle for 3c in the € :eek::eek:and of course were promised the sun,moon & stars if they did settle. I don't hold out much hope for Breaffy House. Though I would'nt have much sympathy for BOSI either !!

All of lynchs hotels went into administration with the above result.

We were looking to join the Kingfisher in one of the hotels but went into administration so did not take it up, as Kingfisher is more than likely tenants in the hotels.

Clareman10

West County Inn had a receiver appointed on Friday last by Aib.

croker95

Clareman10 wrote: »

West County Inn had a receiver appointed on Friday last by Aib.

Are you 100% sure on this. From Media coverage I can find it states that that Breaffy House & Clare Inn are in receivership but "Other hotels in group continue to trade well." (Sunday Independent)

It is very damaging to businesses that are subject to these rumours unless posters here are 100% sure of sources. Clareman10 you may be correct but I have not seen it anywhere else yet.

Clareman10

See today's Sunday Business Post!!

kollegeknight

Clareman10 wrote: »

See today's Sunday Business Post!!

Have you a link? i cant see it on the site

Clareman10

It is in the paper edition of the post. Full paper is not on web! And I wouldn't post anything without checking it out but this was known about on Friday!

Kristopherus

kollegeknight wrote: »

Have you a link? i cant see it on the site

The SBP's paper is not uploaded now until 10.00am on Monday. Used to be 6.00pm on Sunday:(

croker95

Its Sunday Indo vs Sunday Business Post.

Its not like these guys are professionals and need to get this right !
Someone has gotten it wrong.

Here's the link to Sun Indo Article on Pg 10 today.

http://www.independent.ie/national-news/january-closures-buyouts-receiverships-and-liquidations-2516805.html

Clareman10

It was stated in the paper edition of the Sunday Business Post today so if you need to check it, I suggest you get your hands on a copy.

Jo King

I worked in the West County Inn once. I wasn't impressed by the way it was run then but I think it got a lot worse since. The whole place is a mish mash with extensions everywhere.

Balagan

http://www.sbpost.ie/news/ireland/hotels-call-on-banks-for-support-54231.html

Clareman10

Thanks for that link. Hope Croker sees it!