Dalata Hotel Group raises €265m on joining the Irish Stock Exchange

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Dalata Hotel Group (Dalata), the largest hotel operator in Ireland, has today joined the Irish Stock

Exchange (ISE) raising €265m.

Dalata operates 40 hotels, totaling over 6,100 rooms, with all bar one — Cardiff — located in

Ireland. The Group’s portfolio includes the 13 Maldron Hotels as well as other well-known hotels across the country.

The net €265m funds raised as part of its flotation will be used by the company to acquire a

portfolio of approximately 16-25 hotels throughout Ireland and to pay down existing debt.

Dalata’s central management group includes a number of former senior executives of the Jurys

Doyle Hotel Group plc led by CEO, Pat McCann; Dermot Crowley, Deputy Chief Executive;

Finance & Development and Stephen McNally, Deputy Chief Executive.

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