Hotel’s operating profits drop 22%

OPERATING profits at one of the Midwest’s best-known hotels, the Falls Hotel last year dropped by 22% to €219,446.

According to accounts just returned to the Companies’ Office for the year to the end of June last, they show that Falls Hotel Ltd’s gross profit decreased by 7% from €3.63m to €3.35m.

The Ennistymon, Co Clare-based hotel’s operating profits dropped from €282,073 to €219,446.