Business

Friday 19 January 2018

Famous pub toasts return of corporate market

Corporate Ireland is back firing on all cylinders at one of Ireland's most famous pubs, Doheny & Nesbitt's.

New accounts for the Dublin pub on show that accumulated profits rose by €178,749 last year. Pub group general manager Niall Courtney said "we're delighted with how business has gone this year", boosted by customers from the corporate world as well as builders active in the Dublin 2 area.

Mr Courtney said the pub has boosted revenues due to increasing its food offering and appealing more to tourists with more traditional music. He is also anticipating a boost in business over the next few days, adding: "The Web Summit was very good for trade last year."

Some of those to enjoy the pub's hospitality last year included IMF chief executive Christine Lagarde, inset, and musician Van Morrison.

Doheny & Nesbitt's, on Baggot Street, was the first pub in Ireland to exchange hands for over a £1m when the Mangan brothers, Tom and Paul, purchased the premises in 1987.

New figures show accumulated profits at Swigmore Inn Ltd rose from €2.48m to €2.66m in the 12 months to the end of January 31, 2015.

Irish Independent

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