New accounts have revealed that pre-tax profits increased 5% to €2.1 million at the Hodson Bay hospitality and hotel group during the year that ended on February 28, 2019.
The group's operating profits for the period came to €3.3 million. Net interest payments of €1.22 million resulted in the €2.1 million pre-tax profit figure.
Revenues And Portfolio
Meanwhile, the group's revenues rose 3% to €31.87 million, as reported by The Irish Independent.
Hudson Bay's portfolio includes the Hodson Bay, Sheraton Athlone, Galway Bay and Hyatt Centric hotels.
© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.