Completion of Acquisition

RNS Number : 9055R

Dalata Hotel Group PLC

11 March 2016

 

Dalata Hotel Group plc

("Dalata" or the "Company" or the "Group")

 COMPLETION OF ACQUISITION

Ticker: DHG

Dublin, 11^th March 2016 | Dalata is pleased to announce the completion of the acquisition of the leasehold interest of four hotels, the Gibson Hotel Dublin, the Croydon Park Hotel in Croydon, the Clarion Hotel Cork and the Clarion Hotel Limerick. As part of the transaction, the Group will also take over the management of the Clarion Liffey Valley Hotel, Dublin under a short term management contract.

-ENDS-

Enquiries:

Dalata Hotel Group plc

Dermot Crowley, Deputy CEO Business Development and Finance

Tel: [phone]

Davy

Anthony Farrell

Tel: [phone].

PR

FTI Consulting

Melanie Farrell, Director, Strategic Communications

[phone] direct

[phone] mobile

 

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