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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.


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.

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