Dara Calleary (Mayo, Fianna Fail)
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157. To ask the Minister for Finance the number of hotels that are currently under the control of National Asset Management Agency; the name of each of these hotels on a county basis in a tabular form; the amount of full time and part time employees in each of these hotels; and if he will make a statement on the matter. [54207/13]

Michael Noonan (Limerick City, Fine Gael)
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NAMA’s role in relation to hotels and other property and assets securing its loans is, like a bank, that of a secured lender. NAMA does not own or control such properties or assets. NAMA advises that it holds security over a total of 108 operating hotels or 13% of the 835 hotels currently operating in Ireland. A breakdown of these hotels by geographic region is set out below. NAMA is subject to similar legal requirements as other lenders that preclude it from disclosing further detail relating to its debtors and their properties. Other than properties that have been enforced, all of which are listed on NAMA’s website (www.nama.ie ) and which are managed by the appointed receivers/administrators, properties including hotels continue to be managed by their existing owners or their professional managers/agents. NAMA, in line with its legislative remit, takes a very close interest in their efficient management and sale with the view to maximum loan repayment in order to protect the position of the taxpayer.

NAMA is directly supporting 15,000 jobs in Ireland in trading businesses linked to its loans. These jobs are in sectors including property, hotel and leisure, retail, healthcare, manufacturing and agriculture.