Hotel owned by Denis O'Brien, Ballynahinch Castle, returns to profit

Mr O’Brien paid about €6.5m for Ballynahinch in 2013 and has extensively refurbished the property.

The hotel company “has traded well" since re-opening after an Covid-19 enforced shutdown until June 2nd of last year.

The company that operates the Denis O’Brien-owned four-star Ballynahinch Castle Hotel in Co. Galway last year has returned to operating profit after revenues surged.

New accounts filed by Mr O’Brien’s Yelsea Ltd show that the hotel firm recorded an operating profit of €231,719 which followed an operating loss of €1.2m in 2020 - a positive swing of €1.44m. The business enjoyed operating profits of €231,719 as revenues increased by 44% from €3.34m to €4.82m.