Dalata begins operating on the Dublin and London Stock Markets
June 30
09:38
2016
Hotel operator Dalata has begun operating on the main markets of the London and Dublin stock exchanges.
Trading in the group’s stock commenced at 8am with shares cancelled on the AIM and ESM markets at the same time.
The hotel group is Ireland’s largest hotel operator, with a current portfolio of 40 three and four star hotels with over 7,500 rooms. Dalata successfully operates two of Ireland’s largest hotel brands, the Clayton and the Maldron Hotels across Ireland and the UK, as well as managing a portfolio of partner hotels. 21 of the hotels are owned by Dalata, 12 hotels are operated under lease agreements and 7 are operated under management agreements