Five-star hotel operators submit plans to NAMA

THE company that operates the five-star hotel where Brian O’Driscoll and Amy Huberman celebrated their wedding reception has submitted a business plan to the National Asset Management Agency (NAMA), new documents show.

The couple had their lavish wedding reception at the Co Leitrim hotel in July 2010, and accounts just filed by Lough Rynn Castle Ltd, confirm that the company recorded a loss of €145,330 during that year.

However, hotel director of the Hanly Group, Clement Gaffney said yesterday the company recorded a trading profit during 2010. He said the loss takes account of rent of €250,000 paid by the company to owners, Alan and Albert Hanly in addition to non-cash depreciation costs of €91,000.