Four Seasons firm cuts losses 41%

Pre-tax losses at the firm that operates the five-star Four Seasons hotel in Dublin last year declined by 41% to just under €1.64m.

New figures show that the hotel last year recorded revenues of €19.16m in an 11-month period to the end of September 2013, compared to revenues of €19.26m in the prior 12-month period.

A contributory factor behind the drop in losses was Ballsbridge Hotel Ltd’s interest charges last year reducing from €1.34m to €973,188.