Dalata Upbeat Despite Slow Trading; Strategic Review of Business Ongoing

Dalata Hotel Group – which owns the Clayton and Maldron brands – has said trading levels in March were lower than expected.

March is traditionally Dalata’s most significant month of the first quarter of the year. The group said trading was lower due to a slower pick-up than anticipated in transient leisure business.

That said, the group said RevPAR (revenue per available room, which is a key growth metric for the hotel sector) for the January to April period will be in line and ahead by 3% in the Dublin area.

In an update to shareholders at its AGM, in Dublin this week, Dalata said the event calendar for Dublin in May and June of 2024 was exceptionally strong and, due to that, RevPar in…