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Company behind Fitzwilliam Hotel grows profit tenfold as tourists return

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The company behind the Fitzwilliam Hotel on St Stephen’s Green in Dublin saw its profits increase almost tenfold last year as occupancy levels and room rates rose with the return of tourists to the capital.

“The directors expect overseas tourist numbers in 2023 to continue to show signs of growth and recovery approaching levels previously seen in 2019.”

It employed an average of 170 people in 2022, which was up from 106 in 2021. It spent €4.6 million on staff, up from €2.6 million. Accounts for the financial year ended September 30th, 2022, show turnover amounted to almost €11 million, up from the €1.8 million it generated in 2021.

 

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