Get the app today! Download iPhone App Download Android App

SUBSCRIBE

Connacht Hotel Group Records €32.6m Pre-Tax Profit

Published on Mar 10 2020 2:03 PM in Hotel tagged: Connacht Hospitality Group

Connacht Hotel Group Records €32.6m Pre-Tax Profit

New accounts filed by Connacht Hospitality Group Ltd have revealed that the firm behind Galway's Connacht, Forster Court and Residence hotels made a pre-tax profit of €32.6 million in 2018.

Meanwhile, the company's revenue's rose 21% to €24.8 million; staff costs came to €4.8 million; and directors' pay increased from €226,656 to €242,207.

Satisfied

According to The Irish Independent, the company's directors stated that they were satisfied with the firm's financial performance in 2018.

© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

Share on Facebook Share on Twitter Share on LinkedIn Share via Email