The directors of the five-star Castlemartyr Resort Hotel in Cork believe the hotel will become profitable in the coming years after sustaining losses of €178,283 last year.

AFTER a market revival in 2012 and 2013, 60 Irish hotels sold in 2014 for a total of €440m, double that of the prior year.

HOTEL managers, business chiefs and politicians jetted into London yesterday with the aim of bringing millions of euro worth of business to Cork.