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Roll up on hotel loan

FIVE-STAR Aghadoe Heights in Killarney recorded a €790,779 loss last year but outlined that its bank will roll up interest on loan payments to the business.

Dalegrove Taverns Ltd, which operates the Kerry hotel, confirmed the company's bankers have rolled up the interest on borrowings since 2009.

The loss in 2011 followed a pre-tax loss of €780,565 in 2010.