Gleneagle company’s losses hit €450k

PRE-tax losses at the company that operates the Gleneagle Group of hotels in Co Kerry totalled over €450,000 last year.

The €452,754 pre-tax loss to the end of December last follows Gleneagle Hotel (Killarney) Ltd sustaining a pre-tax loss of €803,846 in 2009.

The company operates a number of hotels in Kerry, including the four -star 244-room Gleneagle Hotel overlooking Killarney National Park, along with the 3,000-capacity INEC entertainment venue.