The Galgorm Collection, Andras House and Hastings Hotels had combined profits of over £22m in 2022.
The Galgorm Collection, Andras House and Hastings Hotels had combined profits of more than £22m in 2022Northern Ireland's major hotel groups bounced back strongly from the impacts of the pandemic, company filings show.
The Galgorm Collection, Andras House and Hastings Hotels had combined profits of more than £22m in 2022. That compares to about £3.7m in 2021 when hospitality businesses were badly disrupted by public health restrictions.That was not a full recovery compared to the last pre-pandemic year in 2019 when 3.95m beds were sold.
The latest company data from the Galgorm Collection shows its turnover more than doubled from £22.7m in 2021 to £45.1m in 2022. Pre-tax profits were up from £3.2m to £7.6m The Galgorm Collection's core business is the Galgorm resort near Ballymena. Its other properties include The Rabbit in Templepatrick.
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