Conrad Hotel profits up 11% in general boom for Dublin hotels

Pre-tax profits at the firm that owns the exclusive five-star Conrad Hotel in Dublin last year increased by 11% to €1.025m.

According to accounts just filed for the 191-bed hotel, the business enjoyed the rise in pre-tax profits after revenues increased by 7%, going from €12.16m to €12.95m.

Shareholders last year agreed to inject €2.6m into the business to fund a capital expenditure programme.