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Fri 07 Jul 2010Fitzpatrick New York hotels post $2.7m profit
THE TWO Fitzpatrick hotels in New York made a pretax profit of $2.7 million (€2.1 million) last year, according to accounts seen by The Irish Times.
This was down 60 per cent on the record $7 million profit booked by Fitzpatrick Hotels Ltd in 2008 and reflects the impact of the recession and the global credit crunch on bookings at the group, which is owned by well-known Irish hotelier John Fitzpatrick.
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