Friday June 5, 2020

A rising tide lifts all boats … and fills hotels

The rise of Dalata has mirrored the Irish recovery, writes Ian Kehoe

5th September, 2017
The 9% Vat rate has helped the hotel sector Pic: Getty

But it summed up Dalata perfectly – no fuss, very little fanfare. It just goes about its business in a successful manner.

From a standing start 10 years back, Dalata has amassed a portfolio of 38 three- and four-star hotels with more than 7,700 rooms. It controls Ireland’s two largest hotel brands, Clayton and Maldron, across Ireland and Britain.

Its results, released this morning, are impressive. Profits jumped a whopping 80 per cent to €32.7...

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