Dalata first-half pre-tax profit rises to €18.2 million from €2.7 million

The hotel group has agreed to buy three buildings next to its Maldron Hotel in Parnell Square

6th September, 2016
Stephen McNally, Pat McCann and Dermot Crowley of Dalata at their results announcement at the Clayton Hotel in Dublin this morning. Pic: Maxwells

Dalata Hotel Group has reported a first-half pre-tax profit of €18.2 million, up from €2.7 million in the same period last year, as revenue rose by 33 per cent to €130.1 million.

"We will progress our plans to develop new hotels in Dublin, Cork and Belfast and obtain planning permission for extensions to four of our hotels in Dublin and Galway," Dalata said. "This will create a very strong pipeline of additional rooms for 2018."

The construction...

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