Tuesday 23 January 2018

Torriam loses €2.89m

THE LUXURY hotel group behind Dublin's landmark Shelbourne hotel dropped into the red last year, recording pre-tax losses of €2.89m.

Torriam Hotel Operating Company Ltd have filed accounts which outline that revenues declined by 20pc from €17m to €13.5m to the end of December last. The company opened the five-star Shelbourne hotel in Dublin in 2007 after a full refurbishment.

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