Great Year for Dalata Hotel Group

Acquisitive Dublin-based hotel group, Dalata has had a “remarkable year” as revenue has soared on the back of a series of new projects.

Dalata reports revenue of €226m (£176m) for the year to December 31, 2015, compared to €79m (£61.6m) for the previous year.

Pre-tax profits are also up from €4.19m (£3.27m) to €28.5m (£22.2m).

During 2015, Dalata took on 15 new hotels and completed the roll out of the Clayton brand across 13 hotels in Ireland and the UK, including the former Holiday Inn at Ormeau Avenue in belfast.

Chief executive Pat McCann says that the year just gone has been a “remarkable” one for Dalata:

“We continue to benefit from the uplift in the Irish hotel sector and the increased consumer confidence in the domestic economy,” he remarked recently.

“All our Irish hotels have performed strongly and we are particularly happy in the way the increased revenue has been converted strongly to the bottom line. We are also pleased with the performance of our UK hotels.

“I believe 2016 will be another busy and exciting year for all at Dalata. We will continue to pursue potential opportunities to grow the Maldron and Clayton brand and develop the hotels we have already acquired.”