Companies

Turnover still far below pre-Covid levels at Clontarf Castle as hotel begins rebuild

Four-star hotel made a profit of €541,095 in 2021, higher than the previous year but significantly lower than in 2019

Clontarf Castle: the hotel employed 75 people last year and paid an average annual salary of €35,299

Turnover at Clontarf Castle, the four-star hotel, remained at only one-third of pre-pandemic levels last year, even as the business began rebuilding after a Covid-struck 2020.

Accounts filed by Clontarf Castle Limited show that revenues grew slightly in 2021, rising to €4.96 million from €4.1 million the year before.

At the end of 2021, the company had made an after-tax profit of €541,095, the accounts showed, up from €334,461 in the previous year.

Those figures, ...