Maldron hotel operator Dalata reports strong growth amid 'robust demand'

Dalata shares jumped by almost 3% this morning after the company posted the update.

Dalata CEO, Dermot Crowley

Clayton hotel owner Dalata Hotel Group said “robust demand” in the tourism sector this summer is expected to boost revenue per available room and earnings for the first half of the year.

The Maldron hotel operator anticipates adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to be around €100m for the first six months, following price increases.