Operator says “no indicators” of slowdown despite macroeconomic pressures
The Ireland-based hotel group says RevPAR was 18% higher than 2019 in May and June
The 158-bed hotel is no longer core, as company focuses on central locations
The hotel has a gross development value of £30m
Stephen McNally had been with the Irish hotel group since its foundation
Hotel group said occupancy was rising again as UK economy reopens
Hotel chain reports Q1 EBITDA loss of €3.6m
McCann founded the hotel operator in 2007; says company is “unbowed and unbroken” by pandemic
Irish hotel group Dalata is pushing on with its development plans
Hotel operator posted a loss during the first half of 2020 but sees opportunity ahead
Staff expected to return to work as business recovers
Irish hotel operator expects its growing UK business to match its Dublin operation by 2022