Dublin hotel enjoys dividend from hosting 'First Dates' television show
Published 05/05/2016 | 02:30
The firm that operates the Dublin hotel which hosts RTE's 'First Dates' series last year recorded pre-tax profits of €1.62m.
The hit RTE show, made by independent company Coco Television was shot at the Gibson Hotel's restaurant over five days at the end of January this year.
Hotel general manager Nicky Logue said yesterday that the business has enjoyed a good start to 2016 and looks forward to increased business throughout the year.
Accounts show that Galsay Ltd, which operates the hotel, enjoyed the €1.6m in pre-tax profits in the 12 months to the end of December last after gross profit at the business topped €8.5m.
The hotel is located a short distance from the 3 Arena in the Dublin Docklands area.
Commenting on the impact of 'First Dates', Mr Logue said that the successful TV show has been good for the profile of the hotel.
He said: "There was great exposure in the media in the lead up to the screening and huge interest since it was aired. We were delighted with how the hotel looked and the overall production."
Mr Logue said that the show - fronted by Maitre D' Mateo Saina, above - is due to run for a number of more weeks "so great exposure and hopefully, it will lead to business from it".
Reflecting on 2015, Mr Logue said that last year "was a very positive trading year for the Gibson".
He said: "All markets performed really well and local business strong from 3 Arena and Convention Centre and with strong visit numbers into Dublin we benefited from this."
The business employs 150 and earlier this year the country's largest hotel group, Dalata, purchased the leasehold on the Gibson Hotel.
The firm enjoyed the €1.6m pre-tax profit largely through a €1m exceptional gain. The gain arose from a €1m loan owed by Galsay Ltd to connected firm Merzolt Ltd being forgiven.