Pre-tax profits at the Lyrath Estate Hotel in Co Kilkenny last year increased by 67% to €834,979. Newly-filed accounts for Lyrath Demesne Ltd show revenues increased by 8.5% to €12.7m.

The receivership of the 50million five-star Lyrath resort hotel in Co Kilkenny is beginning to pay dividends for the Bank of Scotland.

The receivership of the €50m five-star Lyrath resort hotel in Co Kilkenny is beginning to pay dividends for the Bank of Scotland.