Absolute Hotel to seek transfer to Nama

The directors of Absolute Hotel in Limerick have stated that the hotel will ultimately be sold as part of an overall debt reduction plan with Nama.

According to accounts just filed by Absolute Hotel Limerick Ltd, the hotel recorded an operating profit of €27,383 in the 11 months to the end of Nov 2011.

The 99-bedroom hotel last weekend staged Ireland’s first same-sex wedding fair.

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