DJ Dalata Hotel Group PLC: Acquisition Update
Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group PLC: Acquisition Update
19-Jun-2025 / 16:00 GMT/BST
=----------------------------------------------------------------------------------------------------------------------
Acquisition Update
ISE: DHG LSE: DAL
Dublin and London | 19 June 2025: Dalata Hotel Group plc ('Dalata' or the 'Group'), announces that it has received
approval from the Competition and Consumer Protection Commission ("CCPC") to acquire the Radisson Blu Hotel Dublin
Airport. All conditions are now satisfied, and the transaction is expected to complete before the end of June.
The Group announced in November 2024 that it agreed to acquire CG Hotels Dublin Airport Limited, which holds the long
leasehold interest in the Radisson Blu Hotel Dublin Airport, for a consideration of EUR83 million.
The Group is contractually committed to operating the Maldron Hotel Dublin Airport, under licence, into 2026, and will
engage with the owner, daa, to ensure an orderly handover of operations during the period.
Dermot Crowley, CEO of Dalata Hotel Group commented:
"We are pleased the regulatory approval process is now complete, and I am very excited about the future of the hotel
within Dalata Hotel Group. I look forward to meeting the team at the hotel in the coming weeks and welcoming them into
Dalata".
ENDS
About Dalata
Dalata Hotel Group plc is the UK and Ireland's largest independent four-star hotel operator, with a growing presence in
Continental Europe. Established in 2007, Dalata is backed by EUR1.7bn in hotel assets with a portfolio of 55 hotels,
primarily comprising a mix of owned and leased hotels operating through its two main brands, Clayton and Maldron
hotels. Dalata is ambitious to grow its portfolio of 11,990 rooms and pipeline of 1,867 rooms further in excellent
locations in select, large cities and is targeting 21,000 rooms, either operational or in development, by 2030. For the
year ended 31 December 2024, Dalata reported revenue of EUR652.2 million, basic earnings per share of 35.5 cent and Free
Cashflow per Share of 55.8 cent. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock
Exchange (DAL). For further information visit: www.dalatahotelgroup.com
Contacts
Dalata Hotel Group plc Tel +353 1 206 9400
Dermot Crowley, CEO investorrelations@dalatahotelgroup.com
Shane Casserly, Deputy CEO
Carol Phelan, CFO
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 87 737 9089
Tel +353 85 277 9905
Sam Moore/ Rugile Nenortaite
dalata@fticonsulting.com
-----------------------------------------------------------------------------------------------------------------------
Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
-----------------------------------------------------------------------------------------------------------------------
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.: 393323 EQS News ID: 2157846 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2157846&application_name=news&site_id=dow_jones%7e%7e%7ebed8b539-0373-42bd-8d0e-f3efeec9bbed
(END) Dow Jones Newswires
June 19, 2025 11:00 ET (15:00 GMT)
© 2025 Dow Jones News