Dublin’s Five-Star Fitzwilliam Hotel Welcomes Five-Star Profits
The hospitality group which own’s the five-star Fitzwilliam Hotel Dublin, as well the Bailey Bar and Irish Welcome Tours, have welcomed profits of more than €4 million.
According the recently filed accounts the profits mark an 18 per cent increase on last year’s €3.44 million profit.
The Ampleforth group, which is owned and operated by business man Michael Holland, saw turnover soar from to €12.7 million last year from €12.5 million in 2015.
Accommodation accounted for the main chunk of those sales, more than €10 million, compared to €9.5 million the previous year.
Food and drink made up the rest of their turnover, and the profits were boosted by savings made as the cost of that food and drink fell to €1.45 million last year from €1.83 million in 2016.
Ampleforth owns the Fitzwilliam Hotels in Dublin and Belfast, and the Royal Dublin Hotel on O’Connell Street, and the Bailey bar, off Grafton Street, a property portfolio that was valued at €43.5 million at the end of last year.
Fancy a stay at the five-star Fitzwilliam? Together with TheTaste, the hotel is offering an overnight stay for two in The Fitzwilliam Hotel, Dublin with breakfast, dinner in Citron Restaurant and a cocktail each for €299. For more details click here.