Goldman’s Tifco hotel group posts major revenue growth

12th August, 2018

Goldman Sachs-owned Tifco, which is one of the state’s largest hotel groups, has posted significant revenue growth as a debate rages over the future of a controversial tax break for hoteliers.

The company said that revenue per available room - or RevPar - grew by 10.2 per cent last year. The metric is a key measurement for the hotels sector.

Operating profits at the company, which is currently up for sale, grew to €7.6...

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