Dalata Hotel Group moves back into the black during the 1H

Dalata Hotel Group moved back into the black at the half-year stage on the back of a more than five-fold jump in revenues.
The company said that its profits before tax rose to โ‚ฌ52.0m, following โ‚ฌ37.8m of red ink for the comparable year ago period.

Profits were also 39% higher on the front half of 2019, before the pandemic.

At โ‚ฌ220.2m meanwhile, revenues were ahead by 9.1% on the first six months of 2019 to reach โ‚ฌ220.2m. Group occupancy hit 89% in July/August.

— More to follow —

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