DJ Dalata Hotel Group PLC: Acquisition of Amsterdam Hotel
Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group PLC: Acquisition of Amsterdam Hotel
21-Sep-2023 / 07:00 GMT/BST
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Dalata agrees to acquire leasehold interest in Hard Rock Hotel Amsterdam American
Acquisition will be Group's first Hotel in Amsterdam and second in Continental Europe
ISE: DHG LSE: DAL
Dublin and London 21 September 2023 | Dalata Hotel Group plc ("Dalata" or "the Group"), announces that it has agreed
contracts with Zien Group, to acquire the entire issued share capital of American Hotel Exploitatie BV ("the company"),
which holds the operational lease of the Hard Rock Hotel Amsterdam American.
In cooperation with Zien Group and Hard Rock Hotels, Dalata has commenced arrangements for the transfer of the company
into the Group and briefings have already commenced with the hotel's employees. Contracts are expected to exchange and
complete in early October and Dalata will immediately commence operating the hotel as the Clayton Hotel Amsterdam
American.
The 4-star hotel is centrally located in Amsterdam on the corner of Leidsekade Canal and Leisesplein Square,
Amsterdam's central district of culture and entertainment. The hotel consists of 173 bedrooms, a ground floor lobby, a
Café and a Bar. Famous for its Café and Bar Americain, the hotel is well connected, with the nearest public transport
station a 2-minute walk.
The hotel will be Dalata's first hotel in the Netherlands and the second hotel in continental Europe, and the
acquisition is in line with the Group's ambition to establish a presence in large commercially attractive European
cities.
ENDS
About Dalata
Dalata Hotel Group plc was founded in August 2007 and listed as a plc in March 2014. Dalata is Ireland's largest hotel
operator, with a growing presence in the UK and continental Europe. The Group's portfolio comprises 52 three and
four-star hotels with 11,239 rooms and a pipeline of over 1,100 rooms. The Group currently has 31 owned hotels, 18
leased hotels and three management contracts. Dalata successfully operates Ireland's two largest hotel brands, the
Clayton and the Maldron Hotels. For the period ended 30 June 2023, Dalata reported revenue of EUR284.8 million and a
profit after tax of EUR42.0 million. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock
Exchange (DAL). For further information visit: www.dalatahotelgroup.com
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Contacts
Dalata Hotel Group plc Tel +353 1 206 9400
Dermot Crowley, CEO investorrelations@dalatahotelgroup.com
Shane Casserly, Corporate Development Director
Carol Phelan, CFO
Graham White, Head of Investor Relations
Joint Company Brokers
Davy: Anthony Farrell Tel +353 1 679 6363
Berenberg: Ben Wright Tel +44 20 3753 3069
Investor Relations and PR | FTI Consulting Tel +353 86 617 2702 / 83 833 1644
Declan Kearney / Aline Oliveira dalata@fticonsulting.com
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ISIN: IE00BJMZDW83, IE00BJMZDW83 Category Code: ACQ TIDM: DAL,DHG LEI Code: 635400L2CWET7ONOBJ04 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 272834 EQS News ID: 1730883 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
September 21, 2023 02:00 ET (06:00 GMT)
