Hotel predicts successful 2012 after 13-fold rise in profits

Cork’s four-star Rochestown Park Hotel is projecting a very successful 2012.

Profits at the hotel on the outskirts of Cork City increased 13-fold in 2010 to €535,930.

Figures returned by Windsor Surprise Ltd show the hotel recorded the profit after the company recorded a tax credit of €762,724 in the 12 months to the end of Dec 2010. Revenues declined by 8.5% from €9.7m to €8.8m. Bank interest charges of €679,739 contributed to the company recording a pre-tax loss of €226,794 after recording a pre-tax profit of €40,319 in 2009.