Dalata Hotel Group Hosts Investor Day in London

The Dalata Hotel Group, Ireland's largest hotel operator, hosted an investor day in London. The event highlighted Dalata's vision to expand its hotel footprint from 12,000 to 21,000 bedrooms by 2030. The group aims to dominate the four-star hotel segment in key Irish and UK cities, and to strengthen its presence in London and Continental Europe.

During the trading update, Dalata reported a 1% increase in RevPAR for September and October compared to 2023. Positive trends in corporate and leisure demand are observed. The Dublin hotels showed a 1% RevPAR rise, while the Regional Ireland portfolio rose by 4%.

Additionally, Dalata announced a €25 million share buy-back, following the sale of two non-core hotels in Regional Ireland. The investor day included a tour of the new Maldron Hotel Shoreditch, showcasing Dalata’s growth and sustainability initiatives.