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Davy Research

Dalata Hotel Group

Expansion into Cambridge

Nov 15 2019, 15:45 GMT
Colin Grant
Company Report
5 page(s)

Sectors : Hotels

Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

Dalata Hotel Group

Closing Price: 555c
RATING 09/09/14
OUTPERFORM
PREVIOUS RATING 03/09/14

UNDER REVIEW

Colin Grant

Analyst

DAVY VIEW

Dalata has announced that it has acquired the operating and leasehold interest in the 155-bedroom, four-star Tamburlaine Hotel in Cambridge in the UK. The deal has an excellent strategic fit within the company’s expanding UK presence and is also likely to be immediately earnings accretive.

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Nov 15 2019, 15:45 GMT

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Dalata Hotel Group

Expansion into Cambridge

Dalata Hotel Group

RATING 09/09/14

UNDER REVIEW

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures