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

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

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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.

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