HY 2024 Trading Update
ISE: DHG LSE: DAL
Dublin and London | 27 June 2024: Dalata Hotel Group plc (‘Dalata’ or the ‘Group’), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe, provides a trading update for the first six months of 2024.
As outlined at our AGM in April, the trading environment was quieter in the early months of the year, with Group RevPAR[i] 4% behind 2023 levels, driven by supply dynamics in key markets and a lower number of events. However, the trading environment has improved as we have entered what is typically a busier period for hoteliers. For May and June, all four regions are expected to outperform 2023 with Group RevPARi 3% ahead of 2023…