The company that owns Dublin's Oliver St. John Gogarty pub and hostel, Drayton House Holdings, made a profit of close to €5.8 million during the year that ended on February 28, 2019, while its turnover increased 3% to €17.4 million, according to new accounts filed at the Companies Registration Office.
Meanwhile, the company's shareholders' funds amounted to €52.3 million at the end of last February and it had €14.3 million in cash.
Blooms Hotel Plans
Drayton House Holdings also owns Dublin's Blooms Hotel, which the company's owner, Martin Keane, is planning to demolish and replace with a "quirky" four-star hotel that will have at least 140 bedrooms, assuming he receives planning permission to do so, as reported by The Sunday Times.
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© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.