Parknasilla resort posts €1.6m profits

Higher costs at the four star Parknasilla resort in Sneem contributed to operating profits reducing by 32% to €1.63m for 2024, according to the latest figures.

The directors state that operating profits decreased in 2024 “due to increase of operating costs and some once off-costs” - however the resort is projecting a 10% increase in revenues for its 2025 season. 

The firm recorded a pre-tax loss of €1.28m due to interest charges and similar expenses almost tripling to €2.92m that included a €1m cost in exchange differences on finance transactions.

Read the full story in Kerry’s Eye Digital Edition.