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Profits fall at Lucan Spa Hotel despite increased turnover

Overall staffing costs at the hotel rose to €2.62 million, up from €1.15 million in 2022

Pre-tax profits at the Lucan Spa Hotel were €1.09 million in 2023, down from €1.82 million the year previously.

Profits at the Lucan Spa Hotel fell by 40 per cent in 2023, despite an increase of almost a third in annual turnover.

The west Dublin hotel, opened as a health resort in 1758, reported a turnover of €6.35 million for the financial year to June 2023, up from €4.81 million the year previously – an increase of 32 per cent.

However, after-tax profits at the hotel for the same period fell from €1.58 million ...