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DUBLIN - Dalata Hotel Group plc (ISE:DHG, LSE:DAL) has completed the acquisition of the Radisson Blu Hotel Dublin Airport, the company announced Thursday.
The acquisition adds to Dalata’s portfolio of 56 hotels across the UK, Ireland, and Continental Europe. The company currently operates 12,219 rooms with an additional 1,638 rooms in its development pipeline.
Dalata, established in 2007, is the largest independent four-star hotel operator in the UK and Ireland. The group operates primarily through its Clayton and Maldron hotel brands, with properties that are a mix of owned and leased hotels.
For the year ended December 31, 2024, Dalata reported revenue of €652.2 million, basic earnings per share of 35.5 cent, and free cashflow per share of 55.8 cent.
The company has stated its ambition to grow to 21,000 rooms, either operational or in development, by 2030. Dalata’s hotel assets are currently valued at approximately €1.7 billion.
The announcement was made in a press release statement from the company, which did not disclose the financial terms of the Radisson Blu Hotel Dublin Airport acquisition.
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