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Moville hotel in receivership 28.05.10

by Eamonn Mac Dermott, Inishowen Independent

MOVILLE'S Caiseal Mara Hotel has gone into receivership but management has stressed that the 30 jobs there are safe.
Receiver, Seamus Farren of Farren Roarty, has been appointed to Gallagher’s Hotel in Letterkenny and Caiseal Mara Hotel by Bank of Scotland but it is "business as usual". Both hotels are owned by local businessman Hughie McGee.
Mark Langford, one of the hotel managers, explained: “The company has gone into receivership but we would like to stress that this will not affect the running of the hotel.
Caiseal Mara Hotel “It is very much business as usual here and the hotel is being run as a going concern by Seamus Farren, the receiver.
“There has been no job losses and there will not be any job losses and, if anything, business is doing really well.”
Mr Langford said he would like to reassure all the groups who
would normally use the hotel or anybody who has booked a wedding, that the hotel is still very much open for business.
He added: “There is no intention of closing the hotel and if anyone wants to discuss their concerns then they should feel free to call in and discuss matters with either myself or the other manager.”
In March, a receiver was appointed to the Clanree Hotel in Letterkenny, a week after a receiver was appointed by Anglo Irish Bank to six businesses, including Sister Sara’s pub and nightclub, the Dry Arch Bar and two filling stations.
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