Dalata announces €600m refinancing deal to fund future growth

Hotel operator said the new facilities will strengthen the group’s financial position

Carol Phelan, chief financial officer with Dalata Hotel Group.

Ireland's largest hotel operator Dalata has announced a €600m refinancing deal to support the group's future growth.

It marks the company's its first-ever step into the private debt market, completing a €125m placement of senior secured notes.