Bank appoints receiver to Kilkenny’s 5-star Lyrath Hotel

A receiver has been appointed to the five-star Lyrath Hotel in Kilkenny by Bank of Scotland Ireland.

Kieran Wallace of KPMG confirmed yesterday that he had been appointed as the receiver of the hotel that was developed by a consortium led by Kerry businessman Xavier McAuliffe.

A spokesperson for Bank of Scotland Ireland refused to disclose how much money Mr McAuliffe owed.