Get the app today! Download iPhone App Download Android App


Doyle Collection Records Increase In Profit

Published on Oct 23 2018 10:25 AM in Hotel tagged: Trending Posts / Doyle Collection / Doyle Hotels

Doyle Collection Records Increase In Profit

New accounts filed for Doyle Hotels (Holdings) Ltd indicate that the company's operating profit rose 40% to €20.8 million last year while turnover increased just short of 5% to €141.5 million.

Additionally, the hotel group's pretax profit increased from €2.5 million in 2016 to €12.9 million last year, with its cost of sales rising 3.8% to just below €110 million and administrative expenses increasing 11.4% to €6.1 million, as reported by The Irish Times.

Ireland, US And UK Figures

The company's Republic of Ireland specific revenues rose 9.5% to €54 million last year while US revenues remained flat at €25 million and UK revenues rose 3.5% to a little over €62 million.

© 2018 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