Detrimental effect of staying afloat

An array of hotels are functioning and competing at the behest of banks or Nama, distorting the market and posing a threat to the tourism industry, writes Michael Clifford

In a sector where there will be more casualties, those existing within the protectorate of Nama and the banks have a distinct advantage

THE offer looked too good to be true. See the Ring of Kerry in style. Hop aboard a bus in Dublin — or at an appointed stop — and scoot down to the Kingdom, feast on the scenery and hospitality, and enjoy three nights at the fabled Parknasilla Hotel. Three dinners were thrown into the deal and all for an unbeatable €439 per person sharing. You could live a lifetime and not get a second chance like that.