Guests paying high room rates at Dromoland Castle are contributing to a projected record year for the business in 2023. Pre-tax profits increased by 175% last year, and revenues reached a record €27.94m. General Manager Mark Nolan expresses surprise at the quick recovery.
Guests paying an average room rate of over €800 during the peak Summer months of July and August to stay at the luxurious five star Dromoland Castle is contributing towards a projected record year for the business in 2023. That is according to long serving General Manager at the Co Clare castle hotel, Mark Nolan who was commenting on new consolidated accounts showing that pre-tax profits at the hotel business last year increased by 175% to €2.45m.
This followed revenues at Dromoland Castle Holdings Ltd increasing by €15.78m or 130% from €12.16m to a record €27.94m. The accounts cover the performance of the Dromoland Castle - a favourite of Hollywood star John Travolta on his visits here - and its sister hotel, the three star The Inn at Dromoland. In an interview on Monday, Mr Nolan said:"We never felt that we would recover so quickly. When you were looking into the abyss in 2020, we were thinking 'when will we ever get our business back?' but it happened
Dromoland Castle Record Year Profits Revenues Recovery