TIDMDAL

RNS Number : 8954I

Dalata Hotel Group PLC

22 June 2017

Dalata completes Sale and Leaseback of the Clayton Hotel Cardiff, Wales, with M&G Real Estate

   ISE: DHG                              LSE: DAL

Dublin, 22nd June 2017 | Dalata Hotel Group plc ("Dalata" or "the Company") is pleased to announce it has completed the sale and leaseback of Clayton Hotel Cardiff, Wales with M&G Real Estate.

ENDS

Contacts

 
 Dalata Hotel                 Investor Relations            Joint Company 
 Group PLC                    & Public Relations            Brokers                      Berenberg 
 Dermot Crowley,              FTI Consulting                Davy                         Ben Wright 
 Deputy CEO Business          Melanie Farrell               Anthony Farrell              T: +44 20 3753 3069 
 Development and              T: +353 86 401                T: +353 679                  E: 
 Finance                      5250                          7788                         ben.wright@berenberg.com 
 T: +353 1 206                E:                            E: 
 9400                         melanie.farrell@fticonsult    anthony.farrell@davy.ie 
 E:                           ing.com 
 dcrowley@dalatahotelgroup. 
 com

About Dalata

Dalata Hotel Group plc is Ireland's largest hotel operator, with a current portfolio of 38 three and four star hotels with over 7,700 rooms. Dalata successfully operate Ireland's two largest hotel brands, the Clayton and the Maldron Hotels across Ireland and the UK, as well as managing a portfolio of partner hotels. 24 of the hotels are owned by Dalata, 10 hotels are operated under lease agreements and 4 are operated under management agreements.

For the full year 2016 Dalata reported revenue of EUR290.5 million. Dalata is listed on the Main Market of the Irish Stock Exchange (DHG) and the London Stock Exchange (DAL).

For further information visit: www.dalatahotelgroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

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June 22, 2017 07:00 ET (11:00 GMT)

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