Sale of hotel at Cork Airport boosts group’s operating profits to €1.4m

Operating profits at the group that operates the Radisson hotels at Dublin and Shannon airports last year increased by 54% to €1.4m.

The CG Hotel Group purchased the hotels at Dublin and Shannon, along with a third former Great Southern hotel at Cork Airport, for around €75m from the Dublin Airport Authority in 2006.

Last year, the group sold the Cork Radisson Blu hotel to iNua Hospitality.