| 13°C Belfast

Co Antrim hotel firm in £460k loss due to pandemic

Close

The Dunadry Hotel in Co Antrim

The Dunadry Hotel in Co Antrim

The Dunadry Hotel in Co Antrim

The director of a family-run hotel firm in Co Antrim that also has a venue in Co Donegal has spoken of the challenges of operating cross-border due to contrasting Covid-19 restrictions.

Eddie McKeever of McKeever Hotels was speaking as the business reported a loss of £0.46m after the pandemic took its toll.

Full reopening of hospitality in the Republic has been delayed beyond the scheduled date of July 5 because of fears over the Delta variant.

Mr McKeever, whose group owns Dillon’s Hotel in Letterkenny, said: “It is difficult (there) at the moment.

"We have been allowed to open to indoor dining and drinking to residents only, so we decided to do that. But we have no outdoor space so we can’t offer dining and drinking to outsiders.”

However, he said trade had returned at its venues the Dunadry, Corr’s Corner, Dunsilly Hotel and Adair Arms.

The financial statements for the year ending September 2020 show revenue had fallen by around 40% from £11.3m to £7m.

Weekly Business Digest

Margaret Canning’s selection of the must-read business stories straight to your inbox every Tuesday morning

This field is required

The loss followed pre-tax profits of around £418,300 the previous year.

The firm said cost control remained a focus as it continued to trade following full reopening of hotels here in May. It added that Brexit had caused some disruption around supply and pricing of goods.

But the business said that due to the nature of its current supply chain, economies of scale and its customer base, it would be able to trade profitably.


Privacy