Published on : Thursday, May 2, 2019
In a trading update ahead of the group’s AGM today, John Hennessy, chairman of Dalata, said the company’s momentum from 2018 has continued into 2019, “as Dalata is maximising on-going returns from their existing portfolio. Mr Hennessy said that the six new hotels that opened during 2018 and early 2019 are “progressing well”.
The revenue per available room in Dalata’s UK hotels was up 3pc in the first three months of this year, and in all but one city, the group’s hotels outperformed the market in terms of revenue per room growth.
The group, whose hotels include the Maldron and Clayton chains, has a pipeline of almost 2,200 rooms scheduled to open between late 2020 and early 2021.
John Hennessy, chairman of Dalata said that they are confident that 2019 will be another exciting year for the group. Their strong team of people will continue to drive the business forward and ensure that they are focused on delivering excellent returns for their shareholders.
Tags: Dalata, Hotel News, UK