• Cyril McAree

Dalata Hotel Group 2017 Full Year Results


Dalata Hotel Group’s 2017 Full Year Results have been released as follows:

Key Highlights:

 Strong RevPAR performance across three regions with Group revenue per available room (RevPAR) up 10.4% to €88.51

 Continued improvement in segments EBITDAR margin1, increasing from 41.4% to 42.9%

 Total pipeline of 2,200 rooms

o 5 new hotels and 4 major hotel extensions under construction

o 4 new hotels in planning process

o All on time and within budget

 €129 million spent on hotel acquisitions

 Balance sheet continues to strengthen

o Hotel assets of almost €1 billion

o Net Debt to Adjusted EBITDA1 of 2.4x

 Net upward property revaluation gain of €52.1 million

To view full report click here!

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