Cork’s Imperial Hotel sees pre-tax profits fall €200k

CORK’s Imperial Hotel saw its pre-tax profits fall by nearly €200,000 last year, according to latest accounts lodged with the Companies Office.

Latest available figures for the iconic hotel — which forms part of the Flynn Hotel Group — show that its pre-tax profit for 2008 amounted to €214,716; which was down from a figure of €419,177 for the previous year.

The hotel made a profit — after tax and depreciation — of €152,531 last year; amounting to an annualised drop in profit of more than €125,000. After-tax profits for 2007 amounted to €277,957.