Five-star hotel operators see losses rise threefold to €22.85m

PRE-TAX losses at the hotel group that operates two five-star hotels in Co Kerry increased almost threefold to €22.85 million in 2009.

Killarney Hotels Ltd operates the award-winning five-star The Europe Hotel & Resort and the five-star 102-bedroom Dunloe Castle along with the four-star Hotel Ard na Sidhe.

Last November, the 187-bedroom Europe Hotel & Resort, located at Fossa outside Killarney, was named best overall hotel in the country for the second year running at the National Hospitality awards.