INEC operator returns to profit after 'staycationer' boost

The business which operates the four-star Gleneagle Hotel along with the INEC in Killarney recorded pre-tax profits of €1.64m

Irish singer-songwriter, Dermot Kennedy played three sold-out shows at Killarney's INEC this year. Picture: Valerie O'Sullivan

The operator of the INEC concert venue in Co Kerry last year returned to profit to record pre-tax profits of €1.64m.

Accounts filed by Gleneagle Holdings (Killarney) Ltd show the business returned to pre-tax profit after revenues surged by 56pc, from €8.4m to €13.16m.