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.
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