Subscribe Login
Restaurant

Members-Only Club Residence Reports Losses Of €1.9 Million

By Publications Checkout

It has been reported in the national press that Residence, the members-only club on St. Stephens Green, has filed financial accounts that show its accumulated losses have risen to €1.9 million for the past year.

The club, which was set up in 2008, is currently owned by Olivia Gaynor-Long, who took over from twin brothers Simon and Christian Stokes in 2010.

Gaynor-Long, the sole shareholder, is predicting the club will start to turn a profit soon, and as a result is pledging financial support for another 12 months according to TheJournal.ie via Fora.ie.

Get a FREE Digital Subscription!

Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy

Annual membership for Residence costs €850 and the clubs says that there are currently 1,000 members signed up.

It is also home to Restaurant FortyOne which has a capacity of 52 guests, a lounge and garden terrace, a 10-seater boardroom called the Joyce & Wilde, and has a nighttime venue called the Beckett Club which has a capacity of 80.

Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription
Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription