Malone’s Trinity City Hotel boosts profits by 54%

Trinity City Hotel, one of the Dublin hotels owned by US billionaire John Malone, the Virgin Media and TV3 owner, boosted pre-tax profits 54% to €2.83m last year, writes Gordon Deegan. 

The company’s profits take into account interest charges of €1.97m and a non-cash depreciation charge of €1m.

Staff numbers at the Pearse Street hotel increased from 90 to 95, while staff costs increased from €2.3m to €2.56m. Senior managers were paid €483,219.