Four-star Mount Wolseley resort to increase profits

The luxury four-star Mount Wolseley Hotel, Spa and Golf Resort is set to increase profitability “substantially” this year.

Four-star Mount Wolseley resort to increase profits
Wed, 30 Sep, 2015 - 01:00
Gordon Deegan

That is according to new owners, Tetrarch Capital, which last year saved the Co Carlow business after investing €7.5m in the resort when taking it out of examinership.

The business entered examinership in April 2014 with debts of €60m to a number of different financial institutions, with around €28m owed to Bank of Ireland alone.

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CourtsMount WolseleyPlace: CoPerson: Christy O’Connor JnrPerson: Emmet O’NeillPerson: MorrisseyOrganisation: Mount WolseleyOrganisation: Mount Wolseley Hotel,Organisation: and Golf ResortOrganisation: Tetrarch CapitalOrganisation: Bank of IrelandOrganisation: Smiles DentalOrganisation: Hotel, Golf & Country Club LtdOrganisation: Mount Wolseley, Hotel, Golf & Country Club Ltd
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