It has been claimed that management of The Milford Inn are 'hopeful' that the hotel will be open and operational again by July this year.
It was announced last Thursday that the Milford Inn went into administration.
It is understood the hotel, which operates under the Best Western brand and is part of the Blaney Group, was forced to close due to financial difficulties.
It's believed that up 50 full-time and part-time positions will be lost.
But the Editor of the Tirconnel Tribune, John McAteer says that Neil Blaney is still hopeful the hotel can remain open:
Meanwhile, managment at the Silver Tassie Hotel have said they will accomodate any wedding they can that was booked with The Milford Inn prior to its closure.