According to media reports banks maybe waiting until the National Asset Management Agency sets up before they pull the plug on failing Hotels.

Everyone in the Irish Hotel industry knows that some new Hotels opened in parts of the Country that were always going to be a tough sell.  Even in good times.

No one wants to see any Hotel close but some will before the year is out.

Hotels that react to current market conditions will be stronger when any recovery happens.  A strong flexible Pricing & Online strategy is a must.  As they say.  You snooze you lose.

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