Dalata Hotel Group forecasts record earnings of over €232 million for 2024, despite cost pressures.

Dalata Hotel Group, Ireland's largest hotel operator, expects to exceed €232 million in adjusted earnings for 2024, marking a 4% year-on-year growth. The company's revenue per available room is projected to rise by 1%, with November and December showing a 3.5% increase over the previous year. Despite facing higher costs due to UK national insurance and minimum wage hikes, Dalata has expanded with four new UK hotels and aims to acquire the Radisson Blu Hotel Dublin Airport.

3 months ago
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