Outdoor gigs help INEC operator reduce losses

The Gleneagle group's directors state that the 61% decrease in group revenues resulted in the business recording “a substantial loss in 2020”
Outdoor gigs help INEC operator reduce losses

The Gleneagle group was able to construct an outdoor stage at the INEC arena where a number of Irish artists performed in front of capped audiences. Photo: Dan Linehan

The operator of the INEC Arena concert venue and the Gleneagle Hotel in Killarney, Co. Kerry, is anticipating that revenues for 2021 will be 40% down on pre-Covid years.

A spokeswoman for the Gleneagle group said that with the aid of Government supports the business is confident that it will significantly reduce the losses recorded in 2020 and 2021.

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