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Dalata Hotel GP M&A Activity 2025
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M&A Activity
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Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group announces completion of the sale of Clayton Whites Hotel Wexford
10-Jan-2025 / 07:00 GMT/BST
Dalata Hotel Group announces completion of the sale of Clayton Whites Hotel Wexford
ISE: DHG LSE: DAL
Dublin and London | 10 January 2025: Dalata Hotel Group plc (‘Dalata’ or the ‘Group’), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe, announces it has completed the sale of Clayton Whites Hotel Wexford to Neville Hotels for €21 million.
ENDS
About Dalata
Dalata Hotel Group plc is a leading hotel operator backed by €1.7bn in hotel assets primarily in Ireland and the UK. Established in 2007, Dalata has become Ireland’s largest hotel operator with an ambitious growth strategy to expand its portfolio further in excellent locations in select, large cities in the UK and Continental Europe. The Group’s portfolio comprises a mix of owned and leased hotels with 55 primarily four-star hotels operating through its two main brands, Clayton and Maldron Hotels, with 11,990 rooms and a pipeline of approximately 870 rooms. For the six-month period ended 30 June 2024, Dalata reported revenue of €302 million, basic earnings per share of 16.0 cent and Free Cashflow per Share of 21.5 cent. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com
Contacts
| Dalata Hotel Group plc | Tel +353 1 206 9400 |
| Dermot Crowley, CEO | [email protected] |
| Shane Casserly, Deputy CEO Carol Phelan, CFO |
|
| Niamh Carr, Head of Investor Relations & Strategic Forecasting | |
| Joint Company Brokers | |
| Davy: Anthony Farrell | Tel +353 1 679 6363 |
| Berenberg: Ben Wright | Tel +44 20 3753 3069 |
| Investor Relations and PR | FTI Consulting | Tel +353 87 737 9089 |
| Sam Moore/ Rugile Nenortaite | Tel +353 85 277 9905 [email protected] |
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
| ISIN: | IE00BJMZDW83, IE00BJMZDW83 |
| Category Code: | MSCL |
| TIDM: | DAL,DHG |
| LEI Code: | 635400L2CWET7ONOBJ04 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 369692 |
| EQS News ID: | 2064885 |
| End of Announcement | EQS News Service |