Griffin Group Hotels reports loss of €350k

THE hotel group operated by former Wexford hurling All-Ireland winning manager Liam Griffin last year sustained a pre-tax loss of €349,416.

Accounts filed with the Companies’ Office by Griffin Group Hotels show the group sustained the pre-tax loss after incurring interest payments totalling over €850,000 to the end of December last.

The filings show the company sustained a 6% drop in turnover from €22.3 million to €21m last year. The group reported a 36% drop in operating profits from €741,478 to €473,359.