Finance

Dalata posts rise in revenue and profit in 2019

By 2020-02-25T08:57:00

Dalata Aldgate Place

Ireland’s biggest hotel company Dalata Hotel Group has reported rising revenue and pre-tax profit for 2019.

Revenue rose by 9.3% to €429.2m (£360m) in the year to the end of December, on the back of new additions to the portfolio. Pre-tax profit was up 2.7% to €89.7m and Dalata said that strong cost control ensured it maintained earnings despite tougher market conditions in Ireland. 

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