Top Dalata executives given shares valued at nearly €2.5 million

Market value of chief executive’s shares award is €945,000 as publicly listed hotel firm reported record revenue of €558.3 million for 2022

Dalata opened six new hotels last year, including the first hotel in continental Europe, Clayton Hotel Dusseldorf, bringing the portfolio to 50 in total at the end of 2022. Picture: Getty

Dalata, the publicly listed hotel company, has granted shares to its top executives valued at nearly €2.5 million at the company’s current share price.

The biggest winner was Dermot Crowley, the company’s chief executive, who was granted 220,769 shares under the company’s 2017 long-term incentive plan.

Dalata, which owns the Maldron and Clayton brands, noted that, “in accordance with the plan rules, the board has determined that the market value of a share used to ...