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Newcastle Herald
Newcastle Herald
Business
Penelope Green

Hunter holiday company Alloggio lifts profit in maiden results

On the up: Alloggio founder Will Creedon.

HUNTER-founded, national short-term rental accommodation provider Alloggio has posted a $2 million net profit in the 2022 financial year, up $1.9m from the prior year.

Reporting Alloggio's maiden full year results as a listed company on Wednesday, founder and CEO Will Creedon said the company had achieved record performances in key areas of the business - a "testament to a strong cash position, well executed acquisitions in an improving market and an experienced management team".

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