Ireland's largest hotel operator Dalata brings Maldron Hotel brand into England
Published 17/11/2016 | 07:34
The country's largest hotel operator Dalata is expanding its Maldron brand into the UK with the opening of a new location in Newcastle.
Dalata signed a lease agreement to build a new Maldron Hotel with ES Newgate Limited, a subsidiary of McAleer & Rushe.
Once built Dalata will commence operations in the hotel through a 35-year operating lease, which is subject to five rent reviews linked to the retail price index.
The new 4-star property, which is expected to open in Summer 2018, will have 226 bedrooms, a restaurant, and meeting room facilities.
Dalata already operates nine hotels in the UK, including six Clayton hotels. The firm also operates the Croyden Hotel in London, and a Maldron in both Belfast and Derry.
Deputy chief executive Dermot Crowley said the development is an "exciting opportunity" to launch the brand in the English marke.t
“This development provides us with an exciting opportunity to launch our Maldron brand in the English market, in line with our strategy of rolling out our Clayton and Maldron brands in the large regional UK cities. We are delighted to be working on this project with our development partner, McAleer & Rushe, and look forward to opening in Newcastle in summer 2018.”