Belfast Telegraph

UK Website Of The Year

Dalata looks across water for opportunities

By Staff Reporter

Published 02/02/2016

The Clayton Hotel in Belfast
The Clayton Hotel in Belfast

Hotel group Dalata, which owns two hotels in Northern Ireland, has said it's turning its attention to Great Britain after a string of home acquisitions.

Dulbin-based Dalata has bought a string of hotels in recent years, and now controls more than 5,000 rooms in Ireland.

It owns the Maldron Hotel in Londonderry and the Clayton Hotel in Belfast. The company also manages the Maldron Hotel at Belfast International Airport.

Dalata deputy chief executive Dermot Crowley said the company was now turning its attention to Great Britain. It already has four hotels in England - one each in Leeds and Manchester, and two in London. In total, it owns 17 hotels, leases 10 and manages 11 across the UK and Ireland.

"We'd expect to have finished buying in Ireland by the end of this year," Mr Crowley said.

"We have a war chest of about €130m (£99m) for acquisitions but we will only use it if there is value in the market."

Last month Dalata acquired the leasehold on four hotels for around €40m (£30m), including the Gibson Hotel in the Point Village in Dublin and the Clarion Hotel in Cork.

Belfast Telegraph

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More

From Belfast Telegraph