HomeNewsDalata Hotel Group Set for Record Annual Revenues as Post-Covid Recovery Continues

Dalata Hotel Group Set for Record Annual Revenues as Post-Covid Recovery Continues

The Irish-owned Dalata Hotel Group – which owns the twin Clayton and Maldron hotel chains – has said its current trading levels are “ahead of expectations” and that the group is on course to generate record annual revenues of over €500m for this year.

In the period between the start of September and the end of November, Dalata’s RevPAR – or revenue per available room – was 21% up on pre-pandemic 2019 levels for the corresponding period.

Its Dublin hotels, for the period, saw an 18% revenue per room rise; with its regional Ireland portfolio up 30% and its UK arm up 19%.

Dalata is currently strongly expanding across the UK and has entered continental Europe with a deal in Germany. This month sees the group rebrand its Hotel Nikko Dusseldorf to the Clayton Hotel Dusseldorf.

Dalata said its new hotels are performing ahead of expectations. Occupancy for the September to November period was 79% for the seven hotels added to the group between August 2021 and September 2022. 

Dalata group chief executive Dermot Crowley said: “2022 has been a very successful year for Dalata where we demonstrated our ability to bounce back from the challenges of Covid-19. I am very pleased with how we managed the recovery in trade of our existing hotels, opened six new hotels and added our first hotel in continental Europe. We are proud to have recently opened our 50th hotel with the completion of Clayton Hotel Glasgow City.

We remain mindful of global inflationary cost pressures and the potential impact on consumer discretionary spending. We will continue to focus our efforts on protecting and growing the business sustainably as we have always done.

Mr Crowley said Dalata will continue to focus on sustainability and that the group’s future is “bright”.

We continue our investment in sustainability and are delighted to have received the Gold Award from Green Tourism across all 48 tested hotels in our portfolio throughout Ireland and the UK. This is an important milestone in our green journey and is testament to all the efforts of our teams across the Group.

Despite macroeconomic uncertainties, we remain confident in our ability to outperform with our well-invested product, ESG focus, decentralised operating model and track record of providing an excellent guest experience. As we look ahead, Dalata’s robust balance sheet, financial resources, pipeline of talented people and excellent reputation position us strongly for further growth. The future is bright for Dalata and I am excited about the Group’s opportunities and prospects.”

Geoff Percival
Geoff Percival
Geoff has worked in business, news, consumer and travel journalism for more than 25 years; having worked for and contributed to the likes of The Irish Examiner, Business & Finance, Business Plus, The Sunday Times, The Irish News, Senior Times, and The Sunday Tribune.
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