Shelbourne operating firm loses €2.89m

THE company that operates the five-star Shelbourne hotel in Dublin last year recorded pre-tax losses of €2.89 million, new accounts show.

Accounts just filed with the Companies Office by Torriam Hotel Operating Company Ltd show that the company’s revenues declined by 20% from €17m to €13.5m to the end of December last.

The hotel on Dublin’s St Stephen’s Green re-opened in March 2007 after being closed for one year due to refurbishment, increasing the number of rooms to 265.