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.
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.