REG - Dalata Hotel Group - Sale and Leaseback transaction <Origin Href="QuoteRef">DHG.I</Origin>

Dalata HotelAnnouncement

22/06/2017 12:00

RNS Number : 8954I
Dalata Hotel Group PLC
22 June 2017
Dalata completes Sale and Leaseback of the Clayton Hotel Cardiff, Wales, with M&G Real Estate
ISE: DHG LSE: DAL
Dublin, 22nd June 2017 | Dalata Hotel Group plc ("Dalata" or "the Company") is pleased to announce it has completed the sale and leaseback of Clayton Hotel Cardiff, Wales with M&G Real Estate.
ENDS
Contacts
Dalata Hotel Group PLC
Dermot Crowley, Deputy CEO Business Development and Finance
T: +353 1 206 9400
E: dcrowley@dalatahotelgroup.com
 
Investor Relations & Public Relations 
FTI Consulting 
Melanie Farrell
T: +353 86 401 5250
E: melanie.farrell@fticonsulting.com
Joint Company Brokers
Davy 
Anthony Farrell
T: +353 679 7788
E: anthony.farrell@davy.ie
Berenberg
Ben Wright
T: +44 20 3753 3069
E: ben.wright@berenberg.com


About Dalata
Dalata Hotel Group plc is Ireland's largest hotel operator, with a current portfolio of 38 three and four star hotels with over 7,700 rooms. Dalata successfully operate Ireland's two largest hotel brands, the Clayton and the Maldron Hotels across Ireland and the UK, as well as managing a portfolio of partner hotels. 24 of the hotels are owned by Dalata, 10 hotels are operated under lease agreements and 4 are operated under management agreements.
For the full year 2016 Dalata reported revenue of 290.5 million. Dalata is listed on the Main Market of the Irish Stock Exchange (DHG) and the London Stock Exchange (DAL).
For further information visit: www.dalatahotelgroup.com

This information is provided by RNS
The company news service from the London Stock Exchange
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