Dromoland Castle Holdings Ltd made a pre-tax operating profit of €1.6 million last year, up 18% on figures from 2011.

The company, which owns the luxury Dromoland Castle resort in Co Clare, had revenues of €13.7 million during 2012.

The figures include revenue from a neighbouring hotel formerly known as The Clare Inn, which the group acquired in July for €2.1 million and has since rebranded as The Inn at Dromoland.

Company chairman Gavin O’Reilly described the performance as “heartening” and said it was down to “the uncompromising standards of excellence” from staff and the hotel’s repeat customers.

Managing Director Mark Nolan said Shannon Airport was critical to the region’s continued growth, describing American connectivity as the “life blood of” the region.

He welcomed progress made by the airport’s management in recent times but said what was really needed was a “365-day flight schedule” between Ireland and North America.