Ashford Castle lost €7.5m in 2020

Revenues for the luxury hotel in Co Galway plunged by two-thirds last year after it was forced to close for prolonged periods

29th September, 2021
Ashford Castle lost €7.5m in 2020
The directors report said the company expected 2021 to be ‘an extremely challenging year’

Ashford Castle, the luxury hotel located in Cong, Co Galway, suffered a multi-million euro loss for last year as booking revenues plunged due to the Covid-19 pandemic.

Recently filed accounts show the world-renowned hotel made a pre-tax loss of just under €7.5 million in 2020 while directors warned that they expected 2021 to be another “extremely challenging” year for the business.

Company accounts for Ashford Castle show operating losses at the hotel more than trebled...

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