Dalata Hotel Group

Q2 trading statement: recovery continues to exceed expectations

  • Jun 29 2022, 07:10 IST/BST
  • 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: 388c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

Dalata’s trading statement for Q2 2022 reflects RevPAR that is well ahead of expectations in all regions as the pace of recovery continues to exceed our forecasts. The company has indicated that adjusted EBITDA in H1 2022 will be in excess of €81m and we will be upgrading our FY 2022 estimates once again.

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Jun 29 2022, 07:10 IST/BST

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