Heffernan hotels record lockdown losses of €3.85m

The Dunnes Stores heir and his wife have shored up their portfolio of small hotels in Wexford and Kerry through direct financial backing

Michael Heffernan (left) with his mother, Margaret, and father, Dr Andrew Heffernan in 2007. Picture: Tony O’Shea

The collection of hotels and other interests owned by Michael Heffernan, the Dunnes Stores heir, and his wife Maureen recorded a loss of €3.85 million in 2020, new financial filings show.

The couple jointly own a group of small hotels in Co Wexford and Co Kerry, through their H&H Collection business, which they quietly acquired over recent years. The businesses partially reopened at the start of June after extended closure due to Covid-19 restrictions, and ...