Hotels

H1 RevPAR finishes better in June

  • Sectors : Hotels
  • Companies : Dalata Hotel Group | Whitbread

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Dalata Hotel Group OUTPERFORM 09/09/14 Under Review 03/09/14 482c
Whitbread OUTPERFORM 01/06/16 N/A N/A 4885p

DAVY VIEW

Dublin’s positive performance in June should help to offset concerns raised from a weaker May (driven in part by an exceptionally strong yearly comp that month). As the supply/demand situation in Dublin remains constant, we believe the largest headwind to RevPAR in 2019 is related to the 4.5% VAT increase. The UK market remains mixed, with London delivering a very positive result while Regional UK again remains soft, dragged by the budget segment.

Download full report with analyst certification and important disclosures

Jul 19 2019, 07:30 IST/BST

Download