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%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia 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.

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 MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia 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 »