Wednesday September 23, 2020

7 key takeaways from Dalata interim results

Owner of the Maldron and Clayton hotel chains reports a 60 per cent drop in revenue in first half of 2020 but has maintained liquidity

1st September, 2020
Dalata, which owns the Clayton hotel brand, recorded a pre-tax loss of €70.9 million in the first six months the year. Picture: Sam Boal/Rollingnews.ie

Dalata is Ireland’s largest hotel group and has experienced years of unbroken growth since it was set up in the wake of the financial crash. Like many other firms, however, Covid-19 has had a significant impact on Dalata.

Here’s what we learned from its interim results published today.

1. Lockdown had heavy financial impact

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