Hotels

Hotels

Latest trends in the Dublin office market

Latest data for Q4 2021 in the Dublin office market show a continued uptick in tenant activity with the vacancy rate declining. Prime rents in the city centre look set to move higher in...

Dalata Hotel Group

Forecast refresh to reflect latest trading and the Omicron variant

Following the strength of trading noted in Dalata’s last update, we are upgrading our H2 2021 adjusted EBITDA forecast by 42% to €60.4m. We are also lowering our 2022 forecast by 8%...

Dalata Hotel Group

Vote of confidence from the banks and strong operating performance

Dalata has announced that its banking club has agreed to extend all debt maturities and covenants by 12 months in a clear vote of confidence in the business. Meanwhile, our 2021...

Dalata Hotel Group

Upgrading 2021 forecasts and increased confidence in 2022 and 2023

The pace of recovery reflected in Dalata’s H1 2021 results statement has led us to materially upgrade our 2021 forecasts. We have left our 2022 and 2023 forecasts unchanged for now...

Dalata Hotel Group

H1 results and latest data are both stronger than expected

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...