Profit and loss

Profits more than double at company behind five-star Europe Hotel & Resort in 2023

The Killarney Hotels company is ultimately owned by the Leibherr Group, a German-Swiss multinational that manufactures heavy industrial equipment

The Europe Hotel is the best-known of the group’s hotels, having opened in 1961. Picture: Killarney Hotels

The company behind the five-star Europe Hotel in Killarney saw its profits more than doubled last year despite warning of inflationary pressures due to rising food and energy costs.

Newly filed accounts for the Killarney Hotels group, which owns the five-star Europe Hotel & Resort, the five-star Dunloe Hotel & Resort, and the four-star Ard na Sidhe Country House Hotel, show the business made an operating profit of just under €750,000 in 2023 - more ...