Hotel

Inchydoney Island Lodge Reduces Accumulated Losses

By Dave Simpson
Inchydoney Island Lodge Reduces Accumulated Losses

West Cork's Inchydoney Island Lodge and Spa reduced its accumulated losses from €640,322 to €378,533 in 2017.

The Sunday Business Post reports that the venue's assets were worth €2.5 million last year while it owed €2.9 million to creditors, up from €2.7 million the previous year.

Staff Costs

Meanwhile, staff costs came to €2.8 million and directors shared remuneration of €435,375.

© 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.

ADVERTISEMENT