Feb 28 2023
Hotels
Recent Research
Dalata Hotel Group, Keys for growth
Feb 15 2023
Dalata Hotel Group, Recent data points encourage
Nov 23 2022
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Dalata Hotel Group
January STR data again exhibits strong room rates
STR released January RevPAR data over the weekend. In the seasonally quietest month of the year, trends from H222 largely persisted with good room rates and occupancy broadly now...
Dalata Hotel Group
Keys for growth
Dalata’s operational excellence, attractive estate and recently opened rooms combined with strong pent-up demand for leisure travel delivered 2022 revenue c.20% above pre-pandemic...
Dalata Hotel Group
A good conclusion to FY22 and cautiously optimistic for FY23
Dalata issued a full year trading statement this morning. Given Omicron-related restrictions were still in place in the early part of the year, the group has had a remarkable recovery....
Dalata Hotel Group
Recent data points encourage
STR data confirm that RevPAR rates continued to impress in October in its key markets and remain well ahead of 2019 levels. The average room rate (ARR) environment continues to be...
Dalata Hotel Group
Forecast changes post H1 2022 results
We are putting through forecast changes for Dalata, as indicated after the H1 2022 results. We expect the impact of refugees on hotel stock in Ireland will continue longer than...
Dalata Hotel Group
Refreshing forecasts for 2022
As indicated following the recent trading update, we are increasing our 2022 adjusted EBITDA forecast to €178m, driven by stronger-than-expected RevPAR performance. We also increase...
Dalata Hotel Group
Q2 trading statement: recovery continues to exceed expectations
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...
Dalata Hotel Group
Increasing 2022 forecasts
As indicated after Dalata’s positive AGM statement, we are making material upgrades to our 2022 forecasts given the strength of operating performance. We have left 2023 and 2024...
Dalata Hotel Group
Sale of the Clayton Crown Hotel
Dalata has announced the sale of the Clayton Crown Hotel in London for £21m. This is one of the older assets in the portfolio and is non-core. The sale looks to be opportunistic, and...
Dalata Hotel Group
AGM statement reflects further strength in the recovery
Dalata has released an update ahead of its AGM later today and confirmed a stronger-than-expected level of recovery in RevPAR through March and April. Cost inflation pressures...
