John Malone’s Trinity City Hotel in Dublin records €785k profit

The Dublin hotel purchased by US billionaire, John Malone for €35.3m in 2013 recorded pre-tax profits of €785,282 in 2014.

The purchase of the Trinity City Hotel on Dublin’s Pearse Street was part of a spending spree by Mr Malone on Irish hotels and new figures show that the purchase is already paying dividends.

Accounts lodged by Trinity Leisure Holdings Ltd show that the firm recorded the pre-tax profits of €785,282 arising from gross profits of €7.92m.