The previous owners were getting an average rate of 100 euros per room per night and making a profit of a million a year
The owners of the D Hotel in Drogheda will rake in just under €13 million a year for housing over 400 refugees.
But under their new two-year deal with the Department of Integration, they will get a rate of 312 euro a night. Based on full occupancy over the course of a year, it works out at €12,868,440.A source close to the deal said: "This is a bad deal for taxpayers - the state is effectively paying 312 euro per room per night when the previous owners were getting 100 euros.
They say the loss of the D Hotel to tourists will cost local businesses 5 to 6 million euro and will result in closures and job losses. They also want a large multi-million compensation package from the state to help protect the local economy. She fumed: "That's neither consultation, nor engagement and it shows that the Government has learned nothing from recent events around asylum accommodation.
She urged local people not to blame the migrants who are mostly fleeing war zones, but the Government for their failed housing and immigration policies. There are currently a couple of thousands refugees from all over the world being accommodated at various facilities in the greater Drogheda area.
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