Dalata Hotel Group Reports 2024 Financial Results

Dalata Hotel Group plc, the largest independent four-star hotel operator in the UK and Ireland, announced its financial results for the year ending 31 December 2024. The group reported a revenue increase of 7.3% to €652.2 million, while adjusted EBITDA rose by 5.1% to €234.5 million. Despite these gains, profit after tax declined by 12.7% to €78.7 million, influenced by increased accounting charges from refinancing and portfolio growth.

Portfolio expansion continues with plans to reach 21,000 rooms by 2030, through strategic acquisitions and new developments. In 2024, Dalata opened four new Maldron hotels adding 838 rooms, and disposed of two hotels in Wexford, achieving a return above the acquisition cost.

Looking ahead, Dalata anticipates a strong 2025, buoyed by projected RevPAR growth and strategic cost management amid rising wage expenses in the UK and Ireland. The group's robust financial position and continued innovation are set to support further growth and shareholder returns.