Joe O'Reilly (Fine Gael)
Link to this: Individually | In context | Oireachtas source

It would hardly want to walk away from a good product. Nobody is going to want to do that with an asset of this value. If the operator does want to walk away, it cannot flip the asset under the contract. Assuming that after a set number of years it could flip it, the company buying it would have a commercial imperative and an imperative to its bank to keep it going. One could make the argument that the people who own the Shelbourne Hotel could walk away some day and run it down in the interim. Surely, they would want the hotel to be in a state which allows them to move it on. The people who buy it will have bankers who make sure they maintain it. I would have thought the same would apply here.