Dalata Hotel (GB:DAL) has released an update.
Dalata Hotel Group celebrates a decade since its IPO, showcasing a significant expansion from €60 million in revenue to over €600 million and a growth from 5 million in hotel assets to €1.7 billion. Amidst a strong performance in 2023, the company has continued its growth with new hotels in Amsterdam, London, and Edinburgh, and expects modest growth in the UK for the start of 2024 despite a slower trade in Ireland. With a refreshed brand launch and the opening of four new UK hotels, Dalata is poised for further expansion, leveraging its financial strength and growth strategy in key UK and European cities.
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