Lough Rynn hotel files Nama plan

The company that operates the five-star hotel where Brian O'Driscoll and Amy Huberman had their wedding reception has submitted…

The company that operates the five-star hotel where Brian O'Driscoll and Amy Huberman had their wedding reception has submitted a business plan with the National Asset Management Agency (Nama), new documents confirm.

Accounts just filed by Lough Rynn Castle Ltd confirm that the Leitrim company recorded a loss of €145,330 in 2010, despite the celebrity wedding that July. However, Clement Gaffney, hotel director for owners the Hanly Group, said yesterday it had recorded a profit at the trading level. He said the loss took account of rent of €250,000 paid to owners Alan and Albert Hanly, in addition to non-cash depreciation costs of €91,000.