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Profit Hits Almost €5.8m At Oliver St. John Gogarty Pub And Hostel Parent Company

Published on Jan 7 2020 11:04 AM in Pub/Bar/Nightclub tagged: Trending Posts / Bloom's hotel / Oliver St John Gogarty / Drayton House Holdings

Profit Hits Almost €5.8m At Oliver St. John Gogarty Pub And Hostel Parent Company

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.

© 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.

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