Shelbourne Hotel narrows pre-tax losses to €70k

The company which operates Dublin’s five-star Shelbourne Hotel made a pre-tax loss of €71,123 last year, after incurring interest charges of over €118,300.

However, that marks a narrowing of its losses, which had stood at €93,387 as of the end of 2015.

Newly-filed accounts for Torriam Hotel Operating Company, which is a subsidiary of international hotel operator Marriott, also show that the Shelbourne’s operating profits rose marginally to €47,200 last year, while revenues increased 10% to €14.68m.