Shelbourne firm suffers €301k losses

Pre-tax losses at the company that manages the five-star Renaissance Shelbourne hotel last year almost tripled to €301,122.

Shelbourne firm suffers €301k losses
Wed, 28 Aug, 2013 - 01:00
Gordon Deegan

Accounts filed with the Companies Office by Torriam Hotel Operating Company Ltd (THOCL) show the firm’s pre-tax losses increased by 190% from €104,282 to €301,122.

The increased loss occurred in spite of revenues rising from €9.416m to €9.964m in the 12 months to the end of December last.

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