Riverland hotel’s strong 20/21 result

DESPITE Covid-19 restrictions and renovations, a Riverland hotel has posted a substantial profit for the 2020/21 year. The Loxton Hotel had an after-tax profit of $1.01m for the year ended June 30, 2021, up 171 per cent on the previous year. While...

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by Stephanie Thompson
Riverland hotel’s strong 20/21 result
The Loxton Hotel recorded a substantial profit for the past financial year, bolstered by Job Keeper and increased sales revenue across all areas. PHOTO: Stephanie Thompson

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