Marker Hotel on course to beat maiden year earnings

The five-star Marker Hotel in Dublin is on course, this year, to outperform its impressive maiden year showing in 2014.

New accounts filed by the firm that operates the hotel, GCS Hotel Property Ltd, show it recorded earnings before interest tax depreciation and amortisation (EBIDTA) of €2.6m in its first full year of operation.

The hotel, located at Grand Canal Square in Dublin’s Docklands, opened in April 2013. Speaking yesterday, Michael McElligott, managing director of the property’s ultimate owner, Tetrarch Capital, said: “We were delighted with the first full year of operations at the Marker Hotel.”