Maldron hotel owner Dalata forecasts room revenue to be 28% ahead of pre-covid levels

Dalata CEO Dermot Crowley with John Hennessy, chairman of Dalata.

Clayton hotel owner Dalata said it expects revenue per room to be 28% ahead of pre-pandemic levels for the first four months, following room rate hikes and pent-up post-pandemic demand.

Dalata shares rose more than 2% on the Irish stock market following the positive trading update.