Five-star hotel sustains €3.6m loss despite record occupancy levels

The five-star Westin Hotel on Dublin’s College Green sustained a pre-tax loss of €3.59m last year despite recording the highest room occupancy levels since the hotel opened.

Accounts filed with the Companies Registration Office show revenues at Westin Hotels Ireland Ltd increased by 11%, from €10.59m to €11.8m, in the 12 months to the end of Dec 2011.

The 163-bedroom hotel, located opposite Trinity College, was built and is owned by Johnny Ronan and Richard Barrett’s Treasury Holdings.