Cavan Crystal Hotel placed in receivership

The Cavan Hotel and Leisure Company has been placed into receivership.

Trading as the Cavan Crystal Hotel, it is based on the outskirts of the town and will continue to trade as normal throughout the receivership process.

The group has confirmed that Kieran Wallace of KPMG has been appointed as receiver.

The hotel said today that it was confident it could continue to trade successfully. It employs 120 full and part-time staff.