New owners record €725k profit at Ashford Castle

The firm operating the five-star Ashford Castle hotel resort recorded pre-tax profits of €724,983 in its first year of operation.

New owners record €725k profit at Ashford Castle
Tue, 17 Feb, 2015 - 00:00
Gordon Deegan

The hotel emerged from receivership in May 2013 after Red Carnation Hotels paid €20m for the Co Mayo resort.

The deal secured the 160 jobs at the resort.

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CourtsPlace: Lough CorribPerson: Gerry BarrettPerson: Luke CharletonPerson: David HughesPerson: GuinnessOrganisation: Ashford CastleOrganisation: Red Carnation HotelsOrganisation: Co MayoOrganisation: Ashford Castle Hotel LtdOrganisation: Ashford Castle Travelcorp LtdOrganisation: EY
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