Dalata Hotel Group reported strong trading for 2024, anticipating over €232m in adjusted EBITDA, reflecting a 4pc annual growth driven by recent hotel openings.
The group expects a 3.5pc increase in Revenue per Available Room (RevPAR) for the final months of the year, indicating robust demand in both Dublin and the UK markets.
With upcoming changes in English and Irish payroll regulations, Dalata anticipates higher operational costs but is confident in managing these through efficiency initiatives and revenue growth.
The company has expanded its portfolio by opening four new hotels in the UK and acquiring the Radisson Blu Hotel in Dublin Airport, with expectations of continuing growth driven by increased passenger traffic at Dublin Airport.
