Hotel’s pre-tax profits dip 8%

Pre-tax profits at the Cusack Group’s four-star Knightsbrook Hotel and Golf Resort last year declined by 8% to €759,973.

The Trim, Co Meath hotel employs 178 people and accounts just filed with the Companies Office show it sustained the drop in pre-tax profits after its gross profit dipped from €3.33m to €3.32m in the 12 months to the end of December 2011.

According to the directors’ report, “the hotel and golf resort experienced very difficult trading conditions during the year”.