Gresham losses close to €400,000

GRESHAM Hotels Group has endured another tough trading period, incurring losses short of €400,000 for the first six months’ trading period from January to June 2003.

That compares with losses of €958,000 in the February to July 2002 six months.

On a like-for-like basis, the results under review would have been more than 250,000 better, said chief executive Patrick Coyle.