A portfolio of seven hotels first offered for sale in January has sold for over €35 million.
The “Crystal Collection” included the Glenroyal Hotel & Leisure Club in Maynooth, Co Kildare; Fels Point Hotel in Tralee, Co Kerry; Johnstown House Hotel & Spa in Enfield, Co Meath; the Killeshin Hotel in Portlaoise, Co Laois; South Court Hotel in Raheen, Co Limerick; the Maldron Hotel at Barnstown, Wexford; and the Metropole Hotel on MacCurtain Street, Cork.
Operating profits at Aramark in Ireland last year jumped by 17% to €5.8m as revenues increased.
Accounts recently filed by Aramark Ireland Holdings Ltd and subsidiaries show that the group recorded theincrease in operating profits as revenues increased by 4.5% going from €223m to €233m.
The figures show that the group employs 4,061 and the vast majority of revenues were last year recorded in Ireland. According to the directors’ report, turnover has increased on food service and facilities management.
The firm increased its operating profits in spite of incurring €1.95m in costs arising from a restructuring programme. The Irish arm of the US firm paid dividends of €3m and this followed a payout of €3.5m in 2013.