The Moran family behind the Red Cow Moran Hotel, a major pre-reception centre for international protection applicants, has posted pre-tax profits in excess of €10 million for the second year running. New filings show that Guestford Ltd made a pre-tax profit of €10.6 million in 2024, down slightly from the previous year where it reached €11.3 million. After tax, the company posted profits of €8.9 million in 2024, compared to €9.6 million the previous year. Guestford Ltd is one of the largest recipients of State payments for refugee accommodation, receiving over €132 million since the first use of the hotel…
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