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Irish Mirror

National

Darragh McDonagh

Center Parcs Ireland reports €16m loss following pandemic closure despite €8.6m in wage subsidies

Pandemic Center Parcs Longford

The company behind Center Parcs holiday village in Longford reported a €16 million loss last year as revenue plummeted by two-thirds to €10.8 million during the Covid-19 pandemic.

Accounts for the 12 months to April 22, 2021 note that the popular destination remained closed to guests for a significant part of the financial year in line with Government advice.

As a result, revenue dropped to €10.8 million last year from €33.6 million in 2020 and its annual losses increased from €13.8 million to €16 million during the same period.

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