Killarney Hotels group books 27% revenue increase

Revenues at the group that operates two five-star hotels in Co Kerry last year soared by 27% to €17m.

However, hefty non-cash depreciation charges of €6.5m meant that Killarney Hotels Ltd posted a pre-tax loss of €4.9m.

The Swiss-owned company operates the award-winning five-star Europe Hotel and Resort and the five-star, 102-bedroom Dunloe Castle Hotel along with the four-star Hotel Ard na Sidhe.