Dalata hotels continues to outperform in Dublin
Dalata has reported 2.4pc growth in revenue per available room in Dublin for the first three months of 2019.
Ireland’s largest hotel group said the performance in its regional hotels is “positive” and ahead of the market as a whole.
In a trading update ahead of the group’s AGM today, John Hennessy, chairman of Dalata, said the company’s momentum from 2018 has continued into 2019, “as we maximise on-going returns from our existing portfolio.”
Mr Hennessy said the six new hotels that opened during 2018 and early 2019 are “progressing well”.
Revenue per available room in Dalata’s UK hotels was up 3pc in the first three months of this year, and in all but one city, the group’s hotels outperformed the market in terms of revenue per room growth.
The group, whose hotels include the Maldron and Clayton chains, has a pipeline of almost 2,200 rooms scheduled to open between late 2020 and early 2021.
“We are confident that 2019 will be another exciting year for the group. Our strong team of people will continue to drive the business forward and ensure we are focused on delivering excellent returns for our shareholders," Mr Hennessy added.