Tallaght Resized

E business recruitment,motoring & property October 17, 2019 tel: 01 4685350 email: business@echo.ie p roperty@echo.ie motoring@echo.ie Four-star hotel employs 383 people with 764 rooms is largest hotel in country Citywest Hotel on c ourse for revenues of €30 million CITYWeST hotel is on course to enjoy record revenues of close to €30m this year. With 764 rooms, the four-star Citywest hotel is Ireland’s largest hotel and is part of Tetrarch Capital, whose interests include the Powerscourt, Mount Juliet, and Killashee hotels. operating profits at Cape Wraith, which runs Citywest, indicate the hotel returned to earning a pre-tax profit of €279,420 last year after revenues increased by 2 per cent to €28.82m. A spokesperson said 2018 was a “very strong year for the hotel” and year-to-date trading in 2019 is “well ahead of last year.” Citywest features 30 different meeting and/or event venues, a convention centre which can hold up to 8,000 people and an 18-hole, par-70 championship golf course. The pre-tax profit last year takes account of non-cash depreciation costs of €3.2m, and the business's operating profit after depreciation and property costs increased materially to €2.1m last year. The Saggart hotel employed over 50 new staff during the year, bringing their total to 383. Staff costs last year increased to €9.39m. A breakdown of revenues shows that €27.1m was generated from rooms, €1.2m from leisure and €437,871 from golf. By Maurice Garvey maurice@echo.ie ET A NEW G TA excluding V * € .99! 4 .IE DOMAIN @ SPECIAL OFFER The SouTh Dublin Local enterprise office teamed up with South Dublin Chamber to host a ‘Get Brexit Ready’ event in Tallaght Stadium on october 2, reports William O’Connor. The objective of the event was to present local businesses with the best information to hand on what to expect from a hard Brexit and also to advise them of actions that they can take to prepare their businesses in a practical way and cost -effective way. The event was attended by over 60 businesses/entrepreneurs from the South Dublin area and featured an experience panel of Brexit experts. The experts outlined the impact of Brexit to local businesses and gave details of financial grant supports available. Further presentations highlighted the training and mentoring that businesses need to avail of in preparation for a No-Deal Brexit. The presentations were followed by discussions by local business on Brexit preparations and the potential to diversify their products and services in response. The final session of the day included workshops on Customs, Tariffs and Brexit Mentoring. The event was part of the Brexit Support for Micro and Small Local Businesses on offer from the South Dublin Local enterprise office. For further enquiries on Brexit go to www.localenterprise.ie/southdublin and search Brexit. 60 local firms turn up for ‘Get Brexit Ready’event REVENUES: Citywest Hotel is on course to enjoy a record revenue of €30 million A spokesperson said 2018 was a very strong year for the hotel and year to date in 2019 is well ahead of last year ‘ ‘ GET BREXIT READY: Peter Byrne (CEO South Dublin Chamber), Simon McKeever (Irish Exporters Association), Austin Rutledge (Export Edge), Deirdre Maguire (InterTrade Ireland), Emma Kerins (Chambers Ireland), Tom Rooney (Head of Enterprise at South Dubin Local Enterprise Office) at the LEO Brexit morning in Tallaght Stadium

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