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Over €57m annual revenue recorded by firm operating Longford Center Parcs attraction

Oct 14, 2022 12:13 By Shannonside News
Over €57m annual revenue recorded by firm operating Longford Center Parcs attraction
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The company has seen spending as employee costs soar.

The operator of the €280 million Center Parcs holiday resort in Longford has this year enjoyed average weekly revenues of more than €1.1 million as it recovered from Covid-19 shutdowns.

Accounts filed by Center Parcs Ireland Ltd show that revenues at Longford Forest near Ballymahon increased almost sixfold to €57.8 million from €10.8 million in the 12 months to April 21st this year.

The resort, which first opened to the public in July 2019, was impacted by Covid-19 closures for a small portion of the year.
The accounts, signed off in July, said that “demand for a Center Parcs break remains strong, and current forecasts assume occupancy levels higher than those seen before Covid-19″.
Numbers employed at the Longford resort this year increased from 1,008 to 1,079. With staff costs more than doubling from €7.6 million to €18.8 million

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A majority of the company’s employees were furloughed for part of the year and the company received State Covid-19 wage supports totalling €1.4 million, it said. It received supports of €8.6 million in the previous year.
Guests affected by Covid-enforced closures were incentivised to change the date of their break rather than cancel and receive a full refund, directors said. During the lockdown more than 50 per cent of affected guests took the option of moving their break.

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