A hotel in Dublin at the centre of a gangland attack that shocked the nation in 2016, is rebranding after a major upgrade.

The Dublin hotel where David Byrne was shot dead last year has received a net insurance payout of €150,000 as a result of the gangland shooting and its impact on the hotel business.

The firm that operates the Regency Hotel in Dublin plunged into the red in 2013 to record losses of €15.5m.