NAMA’s impact on hotel sector “overstated”, according to Noonan

Finance Minister Michael Noonan has said NAMA’s potential impact on the hotel sector is “overstated”. In a written Dáil response, Mr Noonan said NAMA’s debtors and receivers control 121 hotels, of which 117 are fully operating and four recently ceased trading. In response to Independent TD Michael Healy-Rae, Mr Noonan said: “There are over 900 [...]