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Pre-Tax Profits Increase 89% At Park Hotel Kenmare

Published on Dec 17 2019 10:04 AM in Hotel tagged: Trending Posts / Park Hotel Kenmare / Beechside Ltd

Pre-Tax Profits Increase 89% At Park Hotel Kenmare

New accounts have revealed that pre-tax profits increased 89% to €331,315 at the Park Hotel Kenmare in Co. Kerry last year.

Operating profits at the hotel's company, Beechside Ltd, amounted to €601,356 last year, with interest costs of €270,041 reducing profits to €331,315.

"Record Revenues"

Meanwhile, revenues rose 6% to €4.4 million.

According to The Irish Independent, the business's managing director and co-founder, John Brennan, said that last year's revenues were a "record" for the Park Hotel.

© 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.

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