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.

Sale of hotel at Cork Airport boosts group’s operating profits to €1.4m
Thu, 16 Oct, 2014 - 01:00
Gordon Deegan

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.

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CourtsPlace: Cork AirportPlace: DublinPlace: Shannon AirportsPlace: ShannonPlace: CorkOrganisation: RadissonOrganisation: CG Hotel GroupOrganisation: Dublin Airport AuthorityOrganisation: Cork Radisson BluOrganisation: iNua HospitalityOrganisation: CG Hotels LtdOrganisation: CG Hotels
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