Hotel group sees earnings jump 66%

Earnings at the Doyle Collection hotel group climbed 66% to €35.2m last year, with revenues jumping 13.5% to €126.5m.

One of Ireland’s largest hotel groups, the Doyle Collection in March renegotiated its €300m-plus bank loans with AIB in one of the biggest refinancing of corporate debt here for some years.

During the year, the group disposed of three of its US hotels for a combined €149.5m.