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Profits Rise At Conrad Hotel Company

By Dave Simpson

New accounts for the company that operates Dublin's five-star Conrad Hotel, Earlsfort Centre Hotel Proprietors Ltd, have revealed that the firm's pre-tax profits rose 25% to €2.23 million in 2017.

Revenues And Staff Costs

The company recorded a 12.5% increase in revenues to €17.64 million last year while the number of people employed by the firm rose from 179 to 185, with staff costs increasing from €5.3 million to €5.8 million, reports The Irish Independent.

Post-Tax Profits

Meanwhile, post-tax profits came to €1.85 million following tax payments of €372,608. Earlsfort Centre Hotel Proprietors directors expressed their satisfaction with the company's results.

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© 2018 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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