Wexford hotel deal for Dalata

✽ Dalata Hotel Group has announced a deal to acquire the Maldron Hotel Wexford for

€3.53 million in cash.

The hotel, which has recently been refurbished, contains 108 bedrooms, a bar and

restaurant, a leisure centre and four conference rooms. Dalata has been operating the

hotel since August 2007, under the terms of a 33-year lease agreement with annual rent

of €300,000, subject to reviews at five-year intervals.