Hayfield Manor and Great Southern owner sees profits jump

The directors state that the business performance “was strong due to demand for hotel breaks post covid lockdowns but was also helped by Government supports for the hospitality sector during this period”.

The amount paid to key management personnel made up of managers and members of the Scally family amounted to €304,824 for the period. File picture: Denis Scannell

The Kerry-based hotel group that operates the five-star Hayfield Manor in Cork city last year enjoyed a post-covid-19 lockdown boost as pre-tax profits increased by 21% to €5.03m.

New consolidated accounts filed by Tripoint Investments Ltd show that the group achieved the profit increase as revenues more than doubled from €9.9m to €23.23m in the 16 months to the end of April 2022. The prior period was for a 12-month period.