Rising food, labour costs eat into profits at Michelin-recognised Ashford Castle
But directors of luxury hotel say 2025 has seen an ‘uplift’ in trade
Stanley Tollman
Hatch Hall to house refugees again following sale for €23m
Landmark Victorian building’s previous owner, Red Carnation, secured planning permission for 60-bedroom boutique hotel
Ashford Castle owner seeks €25m for landmark Hatch Hall
Red Carnation abandons plan for 60-bedroom boutique hotel in Dublin on site of former student residence
Ashford Castle posts losses despite revenues rising to almost €23m
Five-star estate still unprofitable after $75m upgrade in 2015
Ashford Castle owners buy neighbouring Lisloughrey Lodge
Red Carnation Hotels acquire 50-bedroom lodge for undisclosed sum
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