The new operator of the five-star Shelbourne hotel on Dublin’s St Stephen’s Green generated revenues of €10.12 million in its first two months of running the hotel last year. Photograph: Chris MaddaloniThe new operator of the five-star Shelbourne hotel on Dublin’s St Stephen’s Green generated revenues of €10.12 million in its first two months running the hotel last year. Revenue from rooms came to €4.9 million while the hotel made €5.2 million in other revenue. Separate accounts recently filed by Kennedy Wilson Shelbourne firm, KW Shelbourne Ops Ltd, show that the previous operator of the hotel recorded revenues of €43.69 million over the first 10 months of last year. Archer SB Hotel Ltd’s cash funds totalled €18.77 million while the book value of the company’s tangible assets totalled €176.9 million.
