Bono’s hotel stays in profit

U2’s four-star boutique hotel, the Clarence, has had “a great year” in 2014 after recording the fourth successive year of profits last year.

New figures show that the hotel, based in Dublin’s Temple Bar, last year recorded profits of €57,933.

According to new accounts just filed by the hotel’s Brushfield Ltd, the business reduced its accumulated losses by €57,933, from €2.379m to €2.32m in the 12 months to the end of December last.