Kylemore Abbey firm posts €1.6m in profits

The management firm that operated one of the most popular tourist attractions in the country, Kylemore Abbey, posted retained profits of €1.6m last year.

The contract of hotelier John Lally’s Kylemore Tourism Ltd to operate the historic Kylemore Abbey ended at the beginning of last year, with the Kylemore Trust, controlled by the Benedictine nuns, reassuming direct control of the tourist operation at the abbey. There are 11 nuns at the abbey permanently. The new accounts show that the operation at Kylemore at Connemara in Co Galway is a lucrative one.

The figures filed by Mr Lally’s Kylemore Tourism Ltd show the firm’s accumulated profits jumped from €2.25m to €3.89m in the year to the end of March 2015. Mr Lally provided management services to Kylemore Tourism Ltd that amounted to €357,954.