McNamara-built hotel finally returns to profit

The four-star Galway hotel built by bankrupt developer, Bernard McNamara last year returned to profit after years of successive losses.

Mr McNamara, through his firm Shorelark Ltd, constructed the Galway Radisson Blu hotel and figures show that the firm recorded a pre-tax profit of €190,854 in the 12 months to the end of Dec 31.

This followed the firm recording combined losses of €4.98m in the three years between 2009 and 2011.