The Shelbourne Hotel reported a revenue increase to €52.7m, up from €45m, with operating profit rising to €9.4m from €7.9m.
The five-star hotel saw a 22pc increase in pre-tax profits, reaching €9.17m.
Revenues for the hotel rose by 17pc, increasing from €45m to €52.69m.
The hotel faced challenging trading conditions in 2023 due to inflation pressures impacting wage growth and supply costs.
It generated significant revenue from accommodation (€33.5m) and other sources such as food and beverages (€19.2m), while projecting modest growth in room rates for 2024.
The property was recently acquired by Archer Hotel Capital, which is likely to influence its financial strategies and growth.
