Dalata completes City hotel acquisition

Dalata Aldgate Place

Dalata Hotel Group has completed its acquisition of the share capital of Hintergard to take over the 300 year leasehold of a hotel under development in Aldgate, London.

Having completed the acquisition for a price in excess of £90m, Dalata has also confirmed that the new 212 room hotel will be branded Clayton Hotel City of London and will open towards the end of this month.

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