Houlihan family reaps dividend

The Houlihan family, which owns the four-star Clontarf Castle hotel in Dublin, enjoyed a €750,000 dividend from the business in 2013, as profits increased.

New accounts filed by Clontarf Castle Ltd to the Companies Office show that pre-tax profits increased by 4.4% from €1.81m to €1.89m in the 12 months to the end of October 31, 2013.

The business recorded the increase in pre-tax profits after gross profit went up by 6% from €6.86m to €7.27m.