Profits up 50% at Hayfield hotels firm

Pre-tax profits at the Kerry-based hotel group that operates the five-star Hayfield Manor in Cork city and the four-star Killarney Royal hotel climbed by over 50% to €5.43m last year.

New consolidated accounts filed by Tripoint Investments Ltd show revenues increased by 1.7% to €23m.

The business, which is owned by the Scally family, posted pre-tax profits of €3.59m in the previous year.