Titanic Belfast steams ahead as profits soar on back of big investment in new galleries
Judith Owens

Titanic Belfast steams ahead as profits soar on back of big investment in new galleries

The company that runs the museum dedicated to the Titanic has turned around its fortunes, the latest accounts show.

Profits more than doubled in the year to March 31, 2024, as visitor numbers went up ahead of projections.

Titanic Belfast Limited, which owns and operates the eponymous visitor attraction in Belfast’s Titanic Quarter, has released its latest financial statements.

You can read James McNaney's piece here.

Navantia is close to a £70m purchase of stricken Titanic builder Harland & Wolff

Meanwhile, the shipyard that built the Titanic is set to be rescued in a pre-Christmas deal.

It is understood Spanish company Navantia will announce the acquisition of Harland & Wolff in the coming days.

The union GMB has welcomed the deal as "good news" for the future of the shipyard.

Union celebrates ‘good news’ as Spanish company set to close £70m deal to save Harland and Wolff

Andrew Lynas, group managing director at Lynas Foodservice, with his late father Norman

From fish shops to a major food service company, Andrew Lynas talks about how the family business has grown, as well as the impact of Storm Darragh and the introduction of AI.

Mr Lynas, group managing director at Lynas Foodservice, tells us that a willingness to try new things is key to success as an entrepreneur.

In Andrew’s telling, Norman, who died in 2019, transformed the original business without meaning to.

“We accidentally got into frozen food, which is what we were known for for a long time,” he says.

How NI family transformed food business through generations: ‘You grow up talking about it at the dinner table’

The site of the Good Shepherd Centre on Ormeau Road, Belfast, has gone on the market for £2.25m

A listed building in south Belfast which was formerly the headquarters of an order of nuns has gone on the market for £2.25m.

The site of the former Good Shepherd Centre, a B1 listed building dating back to 1850 and formerly used by the Sisters of Nazareth, was granted planning permission for extensive refurbishment last year.

The property, which sits on a 1.3 acre site, is now being sold by present owner, housing association Choice Housing, through commercial property agents Cushman & Wakefield.

South Belfast listed building goes on the market for over £2m

David Neely, operations manager at Jar Ltd, with Duncan Campbell, manager of The Watson Belfast

Belfast city centre’s Frames Complex is to be revamped in a £3.5m investment that will bring 40 new jobs, it was announced this week.

Pub group Jar Ltd announced it will open The Watson bar and entertainment complex at Little Donegall Street in spring next year.

The name pays homage to the building’s origins in the late 19th century as the headquarters of Robert Watson & Co cabinet makers and upholsterers.

Ambitious £3.5m revamp announced for ‘legendary’ Belfast venue

Michael Pettigrew, Belfast Regeneration Directorate, Belfast Lord Mayor Micky Murray and Kerrie Sweeney, CEO of Maritime Belfast Trust

And finally, a new coffee kiosk has opened on Belfast’s waterfront, selling food and baked goods as well as offering a place for artists and crafters to sell their products.

The Queen’s Quay Coffee Kiosk between SSE Arena and Lagan Weir bridge has been developed by Belfast City Council, Maritime Belfast Trust and the Department for Communities.

The kiosk is made of corten steel, and features two trading kiosks topped with sails. It will be operated by Native, a Belfast coffee company.

In a post explaining the vision for the location, Native said: “Queen’s Quay Kiosk is so much more than a café. It’s a community space and a relaxed place to sit and watch the world go by."

New coffee kiosk opens as part of plans to boost Belfast waterfront

ICYMI: Our most-read business stories in the last week

  1. NI holiday parks go on the market for £15m price that 'should break the sale's logjam'
  2. ‘We had to move to a more popular spot in order to survive:’ Owners of south Belfast restaurant
  3. Woman harassed at human rights organisation's staff Christmas party settles case for £36k
  4. New M&S Food stores open at NI filling stations
  5. Derelict NI shopping centre comes back to life with new supermarket opening

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Matthew Tyler Ramirez

Experience Designer | Creative Producer | Project Manager | Content Developer | Art & Science Facilitator | Fundraiser

2 个月

Huge congrats to Titanic Belfast —truly an incredible museum that I still can’t stop telling people to visit!

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