Cork-based group providing accommodation to refugees sees operating profits of €9.95m

Figures released last week by Government show that the spend in accommodating international protection applicants to October 11 this year is €748.87m

Group subsidiary Next Week and Co Ltd operates the 108-bed Riverside Park Hotel in Macroom, Cork, and the 230-bed Abbeyfield Hotel in Ballaghaderreen, Roscommon.

A Cork-based group which provides accommodation to international protection (IP) applicants and Ukrainians last year recorded operating profits of €9.95m.

New consolidated accounts for Peppard Investments Holdings Ltd show that it achieved operating profits of €9.95m after recording revenues of €28.1m last year.