Type
Bankruptcy
Country
Ireland
Region
Southern and Eastern; Mid-West;
Location of affected unit(s)
Limerick
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55.1 - Hotels and similar accommodation

130 jobs
Number of planned job losses
Job loss
Announcement Date
29 January 2009
Employment effect (start)
Foreseen end date
29 January 2009

Description

The Castleroy Park Hotel closed with immediate effect on 29 January with a loss of 130 jobs. The hotel, which was one of the biggest hotels in Limerick city, has ceased trading having gone into liquidation and all of the staff has been made redundant. The company attributed the closure to 'insurmountable' trading difficulties.


Sources

Citation

Eurofound (2009), Castletroy Park Hotel, Bankruptcy in Ireland, factsheet number 68002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68002.