Recently-filed accounts for the company behind Dublin's Morrison hotel, Swift Row, show that the hotel's revenues rose nearly 10% to €13.4 million last year while profits increased by more than a quarter to over €1.8 million.
As reported by The Irish Times, Morrison general manager Patrick Joyce stated that he anticipates the hotel's 2018 growth will be "close on" on its performance last year.
A "Very Strong" Market
Joyce said, "The US market is very steady. The UK market dipped when sterling fell in 2016 after the Brexit vote, but it has held firm for us since then. Occupancy is still going up. The market is very strong in Dublin."
© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
