Pre-tax losses declined by 19% to €6 million at Killarney Hotels Ltd last year.
Meanwhile, the group's revenues rose 29% to €22.29 million in the wake of the post-refurbishment reopening of The Dunloe Hotel, as reported by The Irish Independent.
Owned by the Swiss Liebherr family, Killarney Hotels Ltd operates both The Europe Hotel and Ard na Sidhe Hotel as well as the aforementioned Dunloe Hotel.
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The group employs 242 people.
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.