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Galway Bay FM News Archives

PRE-TAX LOSSES INCREASE AT CITY HOTEL FIRM

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Date Published: 19-Dec-2012

Pre-tax losses at the firm behind the four-star Radisson Blu city hotel built by the developer, Bernard McNamara, more than doubled last year to over 504 thousand euro.

According to the Irish Examiner, Mr McNamara, through his firm, Shorelark Ltd, constructed the Galway Radisson Blu hotel and new figures show losses at the firm increased by 139%.

The figures reported show that losses at the firm increased from over 210 thosuand euro to over 504 thousand in the 12 months to the end of December last year.

This followed the firm’s gross profit declining from €11.8m to €11.1m last year.

Rezidor Hotels — under the Radisson Blu brand — operate the 272-bedroom hotel on Shorelark’s behalf.

Mr McNamara resigned as a director of Shorelark in Feb 2011.

A note attached to the accounts states that "the hotel continues to generate operating profits before rent despite the difficult environment facing the hospitality sector.

It adds that the directors are optimistic that the profitability of the hotel will continue despite the poor economic conditions.

Galway Bay FM News Archives

Galway County VEC Chief takes High Court case

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Date Published: 07-May-2013

The High Court is hearing arguments from the state in an action brought by two VEC bosses who are challenging the loss of an annual allowance worth 12 and a half thousand euro.

Former president of the GAA Joe McDonagh who’s the CEO of County Galway VEC and Dr Katie Sweeney, CEO of Mayo VEC, say a special Transport Liaison Officers Allowance should not have been cut, even though that part of their role no longer operates.

Lawyers for the Department of Education deny the allowance is part of their pay.

The case is in the context of planned changes within the VEC system under the Croke Park agreement.

 

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Galway Bay FM News Archives

Planning go ahead for community facility in Doughiska

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Date Published: 09-May-2013

A hotel in the city is to be changed into a community facility.

Planning permission has been granted to DRA Community Development Company Limited to redevelop the ‘Racing Lodge Hotel’ in Doughiska.

It’s planned to use the building for community, educational and pastoral use.

Planners have attached 4 conditions to the development, including the stipulation that all uses at the building be on a not-for-profit basis.

 

 

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Galway Bay FM News Archives

Galway call for Transport Minister to intervene in bus strike

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Date Published: 13-May-2013

City Councillor Michael Crowe is calling on the Transport Minister Leo Vradkar to urgently intervene to end strike action by Bus Eireann in Galway.

Major travel disruption is expected in Galway and nationwide as the national strike enters its second day.

Bus drivers are protesting against five million euro worth of cuts to their overtime and premium pay – which Bus Eireann says are vital to ensure the future viability of the company.

Up to 20 Bus Éireann drivers are continuing their picket outside the bus depot at the docks in the city.

It’s understood up to 80 Galway workers took part in the picket on rotational rosters yesterday.

Speaking on Galway Talks, City Cllr Michael Crowe said Minister Vradkar needs to take urgent action to intervene so that transport services can be restored.

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