Operating losses at Mount Juliet halve to €1.65m

Operating losses at the five-star hotel and golf resort, Mount Juliet more than halved in 2013 to €1.65m as revenues increased.

Last year, Irish entrepreneur Emmet O’Neill and Brehon Capital Partners sealed a deal to buy the resort for an estimated €15m.

The course was sold by the Killeen Group, the Mahony family’s holding company whose main interest is motor firm, Toyota Ireland. The accounts are the first set of accounts to be lodged with the Companies Office by Mount Juliet as it has had unlimited status since 1990.