Bank of Scotland Ireland puts Citywest Hotel into receivership

skepticalone

Just announced on the news , 400 jobs in jeopardy , another victim of the recession .

Jev/N

Receivership, not liquidation, neither party wants it closed TBH

OutlawPete

No surprised about Citywest.

Was out there the other night and the place was just financial masturbation.

The owner has a Rolls Royce parked outside that NEVER moves, just for show loike :rolleyes:

caseyann

Its your woman its her i knew it she is taking them to the cleaners

caseyann

OutlawPete wrote: »

No surprised about Citywest.

Was out there the other night and the place was just financial masturbation.

The owner has a Rolls Royce parked outside that NEVER moves, just for show loike :rolleyes:

See the Ferrari he likes to crash all the time

skepticalone

Jev/N wrote: »

Receivership, not liquidation, neither party wants it closed TBH

much of a muchness im afraid , once a reciever is appointed , its usually curtains .The bank is uninterested in running hotels , and this country is hardly teeming with moneyed investor types anymore.

Caoimhín

400 people working in a hotel, how fooking big is it?

yosemite_sam

They must have had the dyslexic son looking after the books:p

PCros

Caoimhín wrote: »

400 people working in a hotel, how fooking big is it?

Its the largest hotel in Europe. Nearly 1800 bedrooms and the convention centre too.

stovelid

I'm particularly devastated for the extremely attractive girl who was working in the bar the last time I was there.

I hope she won't have to move into the illegal masseuse business or anything.

Caoimhín

PCros wrote: »

Its the largest hotel in Europe.

In an industrial estate in west Dublin? There is the problem right there...

tony1kenobi

stovelid wrote: »

I'm particularly devastated for the extremely attractive girl who was working in the bar the last time I was there.

I hope she won't have to move into the illegal masseuse business or anything.

.....not full time at least.....

stovelid

Caoimhín wrote: »

In an industrial estate in west Dublin? There is the problem right there...

You haven't been there before obviously.

It's about a mile away from the industrial estate. Hope it stays as a hotel as the grounds and surrounds are really nice.

Cookie_Monster

so what are the chances it will mysteriously burn down in the next couple of weeks then?

The_Conductor

Cookie_Monster wrote: »

so what are the chances it will mysteriously burn down in the next couple of weeks then?

Depends on whether Albert Reynolds is an investor I guess

Rented Mule

Cookie_Monster wrote: »

so what are the chances it will mysteriously burn down in the next couple of weeks then?

What kind of odds are you giving on it either way ?

stepbar

And Jim Mansfield said on Sunday a few Americans were interested in buying the Mansfield Group for a billion.... :rolleyes:

http://www.independent.ie/national-news/mansfield-in-talks-to-sell-his-empire-for-83641bn-2236713.html

Jev/N

skepticalone wrote: »

much of a muchness im afraid , once a reciever is appointed , its usually curtains .The bank is uninterested in running hotels , and this country is hardly teeming with moneyed investor types anymore.

Well possibly, it's not always the story though. The bank want their money, that's about it. They're not going to get any return by holding and closing it nor will they by not selling it

Big Nasty

Their new conference / events centre is getting a lot of business that the RDS would normally have hosted (e.g. Top Gear). Far better venue IMO, more accesible, just off the motorway, accommodation et al one one site, etc. I'm no Mansfield fan but I wouldn't like to see it go under.

Another thing: any (and most) business' in today's climate can be under financial pressure but can survive the bad times through various forms of juggling. This type of news makes all their creditors call in their debts at once which can, and in many cases does, lead to a company actually going under.

Midnight_EG

OutlawPete wrote: »

No surprised about Citywest.

Was out there the other night and the place was just financial masturbation.

The owner has a Rolls Royce parked outside that NEVER moves, just for show loike :rolleyes:

It's out every day actually :]

caseyann wrote: »

See the Ferrari he likes to crash all the time

That's never out anymore.

Caoimhín wrote: »

In an industrial estate in west Dublin? There is the problem right there...

It's in Saggart actually, right outside the Industrial Estate.

Svetti Arss

PCros wrote: »

Its the largest hotel in Europe. Nearly 1800 bedrooms and the convention centre too.

Doubt that.. I meant "biggest hotel in Europe" bit

Midnight_EG

Svetti Arss wrote: »

Doubt that..

It's 3 or 4 buildings big!

Also.

caseyann

Midnight_EG wrote: »

It's out every day actually :]


That's never out anymore.


.

Hey :o Snagged going back to work now sorry boss

Run_to_da_hills

skepticalone wrote: »

400 jobs in jeopardy

Where is jeopardy

TouchMe

Just went onto their website there out of interest, and for a bog standard room tomorrow night it'd cost me 88 euro. What do they expect with prices like that during a recession for a place not even bang in the middle of the city centre?

Svetti Arss

Midnight_EG wrote: »

It's 3 or 4 buildings big!

Also.

Just because its on Wikipedia as the biggest hotel in Europe does not mean it is. Mansfield himself could have wrote that. The father I mean not the son

Where would you think the largest hotel in Europe would likely be located? in a popular tourist resort that attracts millions of visitors every year or next to an industrial estate in west Dublin..... Wait a minute maybe JM should have thought of that...

Midnight_EG

Svetti Arss wrote: »

Just because its on Wikipedia as the biggest hotel in Europe does not mean it is. Mansfield himself could have wrote that. The father I mean not the son

Where would you think the largest hotel in Europe would likely be located? in a popular tourist resort that attracts millions of visitors every year or next to an industrial estate in west Dublin..... Wait a minute maybe JM should have thought of that...

Meh, there's something on the Hotel website itself anyway.



Motorway access, easy public transport access and plenty of shops within a 5 mile radius is enough don't you think?

ejmaztec

stovelid wrote: »

I'm particularly devastated for the extremely attractive girl who was working in the bar the last time I was there.

I hope she won't have to move into the illegal masseuse business or anything.

If you come up with a suitable business plan, I'm certain that the receiver will transfer her into your custody for a small fee.

baldbear

"The cat sat on the rug". I loved that defence!

Svetti Arss

Not to mention the Airfield.

v2

Lol. Think of all the poor suckers who ate Jim Mansfield's appearance on the Late Late Show hook line and sinker, and proceeded to buy in "Aiken's Village" in the hope that the LUAS would be coming out their way. Instead, they're left in an extension of Tallaght.

Midnight_EG

v2 wrote: »

Lol. Think of all the poor suckers who ate Jim Mansfield's appearance on the Late Late Show hook line and sinker, and proceeded to buy in "Aiken's Village" in the hope that the LUAS would be coming out their way. Instead, they're left in an extension of Tallaght.

You do know the Luas is nearly done, don't you? Just the shop at the Citywest Stop is all that needs to be put in now really?

v2

Midnight_EG wrote: »

You do know the Luas is nearly done, don't you? Just the shop at the Citywest Stop is all that needs to be put in now really?

I'm a D4 head.

Midnight_EG

v2 wrote: »

I'm a D4 head.

That should mean nothing?



Unless you think you're better than everyone, and thought you'd come here making condescending comments but instead got shown up?

Dionysus

Some great GAA nights here. Surprised it's in trouble as whenever I was there the place was plódaithe with most if not all 1700 rooms taken. I've never seen any hotel as busy, but then again I was only there on GAA nights.

lube5150

wouldent be a fan of mansfields,,,,but i would like to see those jobs being saved,,,,brian clown need a slap of a wet fish,,,,how about putting the goverment in to receivership,,,and then get the smartest business men(not big jim)we have to run ireland inc,,,,,,,for sale,,,,1 used helicopter,,,and half a ferrari

Big Nasty

v2 wrote: »

Lol. Think of all the poor suckers who ate Jim Mansfield's appearance on the Late Late Show hook line and sinker, and proceeded to buy in "Aiken's Village" in the hope that the LUAS would be coming out their way. Instead, they're left in an extension of Tallaght.

Off topic obviously but Aikens Village is in Sandyford and close to the green line luas not the red line that is nearly finished out to Citywest. The green line extension from Sandyford (close to Leopardstown roundabout) is scheduled to be open later this year and will go via Ballyogan, its nearest stop being Glencairn - not more than a 10 minute walk from Aikens Village.

Svetti Arss

Stayed in it few months ago and had an inkling there was "trouble at mill". Tiles cracked in the bathroom, door handles failing off and a general lack of repair evident in the rest of the building.

v2

Midnight_EG wrote: »

That should mean nothing?



Unless you think you're better than everyone, and thought you'd come here making condescending comments but instead got shown up?

Do you have a chip on your shoulder that you'd like to declare before we continue?

Svetti Arss

Midnight_EG wrote: »

Meh, there's something on the Hotel website itself anyway.



Motorway access, easy public transport access and plenty of shops within a 5 mile radius is enough don't you think?

You could make that statement about most of Dublin.

v2

MCMLXXV wrote: »

Off topic obviously but Aikens Village is in Sandyford and close to the green line luas not the red line that is nearly finished out to Citywest. The green line extension from Sandyford (close to Leopardstown roundabout) is scheduled to be open later this year and will go via Ballyogan, its nearest stop being Glencairn - not more than a 10 minute walk from Aikens Village.

What's the name of the place on the corner at the end of Jobstown and near the road to Blessington? Maybe I'm mixed up. Haven't been out that way in years.

Midnight_EG

v2 wrote: »

What's the name of the place on the corner at the end of Jobstown and near the road to Blessington? Maybe I'm mixed up. Haven't been out that way in years.

The Belfry is in between Jobstown and where I live, so maybe that's where you're thinking of?



And no chip, do you?

v2

Midnight_EG wrote: »

The Belfry is in between Jobstown and where I live, so maybe that's where you're thinking of?

That's it: the Belfry. Very similar in architectural blandness. Is there a LUAS out that way?

Midnight_EG

v2 wrote: »

That's it: the Belfry. Very similar in architectural blandness. Is there a LUAS out that way?

It's rather bland alright, the houses and apartments are all white and yellow, so they don't pop out.


The Belfry is at the Blessington Road side of Citywest, Fortunestown is down the other side, where the Luas is coming through and into Carrigmore then Citywest.

NoHornJan

So is it back out to the Falklands for big Jim then?

stovelid

v2 wrote: »

What's the name of the place on the corner at the end of Jobstown and near the road to Blessington? Maybe I'm mixed up. Haven't been out that way in years.

That doesn't seem to stop you holding forth on the area though?

Luas works are well advanced. Saw them the other day. It's not just Mansfield, but also Hickey that invested in it and I think it was mostly existing land donation anyway.

Svetti Arss

NoHornJan wrote: »

So is it back out to the Falklands for big Jim then?

You could be right. Theres Oil out there now instead of scrap metal.

v2

stovelid wrote: »

That doesn't seem to stop you holding forth on the area though?

A bit far out and a bit too bland for my liking.

stovelid

v2 wrote: »

A bit far out and a bit too bland for my liking.

Like your auld one's gooter?

Gunsfortoys

Make it the mosney refugees weekend palace. That should pay for its upkeep.

Midnight_EG

v2 wrote: »

A bit far out and a bit too bland for my liking.

Chip on your shoulder is it?