Dalata chief hails ‘resilient’ performance at hotel group

Rise in revenue and earnings show company ‘is not a one-trick pony’, says Pat McCann

25th February, 2020
Dalata chief hails ‘resilient’ performance at hotel group
Pat McCann, Dalata’s chief executive, and Dermot Crowley, his deputy, at the announcement of the group’s results today. Picture: Maxwell

Dalata, the Irish hotel group, reported strong earnings and revenue growth for last year despite tougher market conditions in Ireland.

Revenue at the state’s largest hotel operator grew 9.3 per cent to €429.2 million in 2019. Its adjusted earnings before interest, taxation, depreciation and amortisation (ebitda) were up almost 13 per cent to €134.8 million.

The company described its performance in Ireland last year as “resilient” against a more challenging backdrop. At the beginning of last...

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