Dalata says Vat rise could knock 2 per cent off revenue
Group says outlook for Dublin hotel market remains strong, but tough conditions in some British cities
Hotel group Dalata has reported an 8.3 per cent increase in pre-tax profits for the first half of 2016, but the shares fell as the company said it would be difficult to repeat the period’s strong growth in the second half of the year.
Chief executive Pat McCann also warned that an increase in the special Vat rate for the tourism and hospitality sector from 9 per cent to 13.5 per cent in ...
