Belfast Telegraph

Receivers appointed to popular Co Tyrone hotel and country music venue

By Margaret Canning

A Co Tyrone hotel and country music venue has said it's business as usual following the appointment of receivers.

KBC Bank Ireland appointed administrative receivers to the company behind Mellon Country Hotel last week.

It's understood around 30 staff, who are mainly part-time, are employed at the hotel.

Insolvency experts Keenan Corporate Finance were appointed receivers by the bank.

No one was available for comment but it's understood the business of the hotel is being scrutinised and options for its future are being considered.

One possibility is that the hotel could go on the market.

A member of staff at the hotel indicated that it was open and trading as usual and that bookings were being honoured.

The venue, on the A5 road between Omagh and Newtownstewart, is a popular hotel and restaurant which has played host to big names on the country scene, including Lisa McHugh, Derek Ryan and Johnny Buckley.

Its last accounts, to the end of January 2015, showed liabilities of just over £673,000.

Both KBC and Keenan Corporate Finance refused to comment on the receivership process.

A spokeswoman for the bank said: "KBC Bank Ireland does not comment on individual cases.

"Any queries relating to the hotel are a now a matter for the receiver."

Meanwhile, a west Belfast hotel has come out of administration after going into the insolvency process earlier this year.

Balmoral Hotel on Blacks Road also remained open after KPMG was appointed administrators to parent company Balmoral Inns LLP in February.

It's understood one of the original owners was able to buy back the property.

Belfast Telegraph

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