Dublin's Merrion Hotel Enjoys Record Year
Dublin's five-star Merrion Hotel enjoyed a record 2015 with its highest occupancy levels, while pre-tax profits increasing by 63% to €2.35 million.
The multi-award winning hotel, which has 123-bedrooms, 19 suites, is home to two-Michelin star Restaurant Patrick Guilbaud's, has hosted figures such as Barack Obama and a number of celebrities.
The newly-filed accounts by Hotel Merrion Ltd show that the hotel's revenue increased from €17.6 to €19.6 million in the 12 months to the end of last December, reports the Irish Independent.
Its directors report stated that "the hotel had a good year with revenues, room rates and occupancy being at their highest levels reflecting a strong performance by the Dublin market" and that "the near-term outlook remains strong and we believe we can maintain revenues and profitability".
The accounts show the hotel saw an increase in employees from 281 to 286 with staff costs rising from €7.2 to €7.88 million. There was also an increase in accumulated profits from €3.05 to €4.89 million.
Prices at the hotel range from €350 for a standard queen bedroom to €3200 for one night in a penthouse suite.