Acquisition

RNS Number : 3075S

Dalata Hotel Group PLC

29 September 2017

 

Dalata Completes acquisition of 33 Suites in the 

Clarion Hotel Liffey Valley, Dublin 22 with Martin Ferris

ISE: DHG                              LSE: DAL

Dublin, 29^th September 2017 | Dalata Hotel Group plc ("Dalata" or "the Company") is pleased to announce that it has completed the acquisition of the long leasehold interest of 33 suites in the Clarion Hotel Liffey Valley, Dublin 22.

ENDS

Contacts

Dalata Hotel Group PLC Dermot Crowley, Deputy CEO Business Development and Finance T: [phone] E: [e-mail]

Investor Relations & Public Relations FTI Consulting Melanie Farrell T: [phone] E: [e-mail]

Joint Company Brokers Davy Anthony Farrell T: [phone] E: [e-mail]

Berenberg Ben Wright T: [phone] E: [e-mail]

About Dalata

Dalata Hotel Group plc is Ireland's largest hotel operator, with a current portfolio of 38 hotels with over 7,500 rooms. Dalata successfully operates Ireland's two largest hotel brands, Clayton Hotels and Maldron Hotels across Ireland and the UK, as well as managing a small portfolio of partner properties. 26 of the hotels are owned by Dalata, nine hotels are operated under lease agreements and three are operated under management agreements.

For the half year 2017, Dalata reported revenue of €161.8 million (full year 2016: €290.6 million). Dalata is listed on the Main Market of the Irish Stock Exchange (DHG) and the London Stock Exchange (DAL).

For further information visit: www.dalatahotelgroup.com

 

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