U2-owned Clarence Hotel boosts its annual profits

The four-star boutique hotel in Dublin co-owned by Bono and The Edge last year recorded profits of over €430,000.

Revenues at the Clarence Hotel in Temple Bar last year were boosted by the hotel being booked out for the week U2 performed the Dublin leg of their world tour last November.

Last year represented the sixth consecutive year of profits at the hotel, with the business generating a surplus of €434,228.