Hotels

July RevPAR remains slow in Dublin

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

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 445c
Whitbread OUTPERFORM 01/06/16 N/A N/A 4215p

DAVY VIEW

Dublin’s RevPAR slowed further in July as VAT headwinds (4.5%) and growing supply combined with a softer demand environment. Regional Ireland remains positive – growing rate again during the month even with this VAT headwind. The UK market continues its mixed performance with London delivering positively, while Regional UK remains soft again, dragged by the budget segment.

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Aug 20 2019, 08:30 IST/BST

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