REG-Dalata Hotel Group PLC Dalata Hotel Group PLC: Acquisition Update

Dalata HotelAnnouncement

Yesterday 16:00

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   Dalata Hotel Group PLC (DAL,DHG)
   Dalata Hotel Group PLC: Acquisition Update

   19-Jun-2025 / 16:00 GMT/BST

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                               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 €83 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 €1.7bn 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  €652.2
   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:  1 www.dalatahotelgroup.com

    

    

    

    

   Contacts

   Dalata Hotel Group plc           Tel +353 1 206 9400
   Dermot Crowley, CEO               2 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 Tel +353 87 737 9089
   Consulting
                                    Tel +353 85 277 9905
   Sam Moore/ Rugile Nenortaite
                                     3 dalata@fticonsulting.com

    

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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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.:   393323
   EQS News ID:    2157846


    
   End of Announcement EQS News Service

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References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=6bcbbe94e8bdd123ae37e0c53da1b259&application_id=2157846&site_id=reuters~~~787b94c3-8286-43cc-98b3-26b1dc52d810&application_name=news
   2. mailto:investorrelations@dalatahotelgroup.com
   3. mailto:dalata@fticonsulting.com


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