News Formal

Premier Inn owner files €1.75m loss due to pandemic | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Premier Inn owner files €1.75m loss due to pandemic, reports peterodwyer1.

The Covid-19 pandemic slashed Premier Inn hotels’ revenues to the end of February 2021 from €6.54 million the previous year to €1.72 million

The company behind Premier Inn hotels in Ireland swung into loss in the 12 months to the end of February 2021, as the Covid-19 pandemic slashed its revenues from €6.54 million the previous year to €1.72 million. New accounts filed to the Companies Registration Office for Pi Hotels & Restaurants Ireland showed the firm recorded a net loss of €1.75 million, compared with a €979,000 profit a year earlier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

State paid GPs 40 per cent more during pandemic | Business PostNearly €800 million per year flowed into practices due to remote consultations and involvement in vaccination rollout
Source: businessposthq - 🏆 8. / 71 Read more »

Irish Daily Mail arm set to pay parent €12.2m dividend | Business PostAssociated Newspapers Ireland recently reduced its share capital to €1 which would facilitate the payout
Source: businessposthq - 🏆 8. / 71 Read more »