Ballynahinch Castle Hotel in Galway reported a loss of €288,432 last year to bring its accumulated losses to €5.7 million at the end of December 2023, according to a report by the Irish Times.
According to the report, the deficit for 2023 was more than three times the loss (€78,300) recorded by the hotel in 2022. Turnover rose by 1% to just under €8.5 million, while the hotel posted an operating profit of €440,434, down 23% on the previous year.
Located in the heart of Connemara, businessman Denis O'Brien purchased the luxury property in 2015. Ballynahinch Castle is set on a private 700-acre estate in the heart of Connemara and a member of Relais & Châteaux, the castle has 48 bedrooms and suites and a five-bedroom villa for exclusive use.
Owenmore Restaurant, located within the property, was awarded Ireland's Fine Dining Hotel Restaurant of the year in Janurary 2024 at the Gold Medal Awards.
