Dalata Hotel Group

Strong RevPAR trends and optimistic for summer

  • Apr 27 2023, 07:15 IST/BST
  • Paul Ruddy
  • Company Report
  • 5 page(s)
  • Sectors : Hotels
  • Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

  • Dalata Hotel Group

    Closing Price: 447c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14



Dalata has this morning released a brief statement ahead of its AGM. The Chairman notes that performance in 2022 exceeded even the most optimistic of expectations and the group reached several milestones, including opening its 50th hotel and surpassing €500m in revenue. In recent trading, RevPAR trends have again accelerated, and it is optimistic for the key summer period. This update further adds to our conviction in the Dalata investment case.

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Apr 27 2023, 07:15 IST/BST