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Sep 1 2021, 07:10 IST/BST
Dalata Hotel Group
H1 results and latest data are both stronger than expected
- Sectors : Hotels
- Companies : Dalata Hotel Group
DAVY VIEW
Dalata has reported slightly above forecast adjusted EBITDA and an operating cash inflow in H1 2021, which is positive and has been helped by government support schemes. Occupancy and room rate data for July and August are very strong with RevPAR in both Regional Ireland and Regional UK hitting record highs.
