Muckross Park owner sees revenues fall to €71.14m

Portfolio of eight four- and five-star hotels include the Radisson Blu Hotels & Spas in Limerick, Cork and Sligo and the Muckross Park Hotel & Spa, Killarney, Co Kerry

The five-star Muckross was purchased by iNua Hospitality in 2015 for a sum in excess of €6m.

Operating profits at the hotel group which owns the Muckross Park Hotel & Spa in Killarney last year declined marginally to €3.93m.

Revenues at iNua Hospitality Plc — a holding company in the group that operates some eight of iNua’s 20 venues dotted across the Republic — last year recorded a 2% drop in revenues from €72.79m to €71.14m.