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Dalata Hotel Group

FY23 strong; some softness in early ’24 but confident outlook

Dalata reported FY23 results this morning. Although the headline financials had been pre-released, the underlying detail gives a good sense of how well the group performed in 2023....

Dalata Hotel Group

H123 – growth, margin performance and balance sheet strength

Dalata reported interim results this morning with strong revenue growth, a very impressive margin performance, an uplift in portfolio valuation and confirmation of an interim dividend...

Dalata Hotel Group

Further acceleration in trends and bullish outlook

Dalata has updated on year-to-date (ytd) trading. The group highlights another acceleration in RevPAR and now expects H1 RevPAR to be 29% ahead of H119 (+28% January-April) and H123...

Dalata Hotel Group

Strong RevPAR trends and optimistic for summer

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...

Dalata Hotel Group

Another round of upgrades

Dalata’s remarkable recovery from the pandemic has been driven by a combination of its operational excellence and supportive macro and consumer trends. Schedule data for air travel...

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...