iNua Hospitality posted a 2024 loss despite stable revenue, citing rising costs and debt.

iNua Hospitality plc, owner of the Muckross Park Hotel & Spa and seven other Irish luxury hotels, reported a slight revenue drop to €71.14 million in 2024, with operating profit at €3.93 million. EBITDA fell 7% to €10.71 million due to rising input costs not fully passed to customers, though cost management and efficiency helped. The company posted a pre-tax loss of €2.69 million, driven by interest and depreciation, and a post-tax loss of €2.88 million. Staff numbers fell to 1,132, payroll rose slightly, and directors’ pay dropped to €112,000. Loans totaled €70.75 million, and shareholder funds were €6.09 million. Management expects 2025 EBITDA to match 2024, citing strong early-year performance and a going concern outlook.