Dalata boss sees Covid silver lining in London property price dip

Pat McCann, chief executive of Ireland’s biggest hotel chain, says the pandemic has made it possible to acquire several hotels in the British capital

15th November, 2020
Dalata boss sees Covid silver lining in London property price dip
In the last couple of years Dalata has steadily grown its presence in London, adding a Clayton hotel in Aldgate in the city’s financial district

Dalata, the country’s biggest hotel chain, is considering adding more rooms in London and expects demand for business and leisure travel to recover in 2022.

Pat McCann, Dalata’s chief executive, said the coronavirus pandemic has meant that the price of acquiring or building new hotels in Britain has become more attractive.

“What we are looking at now are opportunities we were priced out of . . . over the last number of...

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