Merrion Hotel generates record profits of €3.4m

The owners of the five-star Merrion Hotel in Dublin shared a bumper €7.6m dividend payout, last year, as profits at the hotel soared.

The luxury hotel last year enjoyed record profits and revenues as it continued to benefit from the boom in the Dublin hospitality sector.

New accounts for Hotel Merrion Ltd show that pre-tax profits jumped 45% to €3.4m, while revenues increased by 10% to €21.5m.