Hotels group Dalata hires Rothschild to potentially find buyer
Ireland’s largest hotels business says strategic review is designed to find additional capital, including through a potential sale of listed group
Dalata
Markets react positively to UK and US inflation data
Iseq closes slightly up with food companies rising
Global markets finish slightly higher as sterling continues to slump
Iseq bucks trend and finishes the day down
Global markets quiet at start of Christmas festivities
Mixed day for Irish banks as Ryanair slips slightly
Europe worries as Wall Street pushes ahead on benign inflation data
Indices in Europe end last full trading week with losses as Washington again battles to stop government shutdown
Markets nudge upwards ahead of Fed rate cut announcement
On Iseq Dalata shares rise as do those of housebuilder Glenveagh
Dalata sees slower room revenue growth despite strong winter bookings
Maldron and Clayton brand owner expects to deliver adjusted earnings in excess of €232m
European markets flatline as ECB cuts interest rates
Megacap and growth stocks mixed - Nvidia down 1.7% while Microsoft gained 1.4%
Norwegian hotels investor builds 5.45% stake in Dalata
Company declines to say if it has plans to increase its holding but denies any strategic stakebuilding
European real estate stocks surge, as global trading eyes strong finish
Pan-European STOXX 600 jumps 1.2%, best daily performance in two months
Dalata agrees sale of Clayton Whites Hotel Wexford for €21m
Hotel will add to Seamus Neville’s expanding portfolio, including another recent Wexford acquisition
Dalata grows London footprint to six with new four star hotel
All-electric building, which will incorporate 154 bedrooms, a restaurant, bar and gym, will include heat pump technology
US stock market on course for best week in a year
S&P 500 on track for 50th record this year as gauge extends weekly gain to 4.5%
Dalata buys Radisson Blu Dublin Airport hotel in €83m deal
Hotel will be rebranded as a Clayton property assuming deal secures sanction from competition regulator
European markets make gains after worst fall in a year
Dublin’s Iseq finished up 2.25% while FTSE rebounds
London stocks fall after UK budget announcement
Wall Street tumbles after warnings from Microsoft and Meta Platforms about escalating AI costs
Markets sluggish as Boeing posts $6 billion loss
Irish food groups retreat while Dalata finishes flat
Dalata announces another €25m share buyback with 2% RevPar growth in September and October
Hotel operator said positive momentum in trading continued in September and October
Flutter finishes down 6% as UK considers £3bn tax on gambling firms
Mixed day for banks and building firms on Irish market
Dublin market underperforms European peers after volatile week
Homebuilders rise but banks have mixed day
Dalata completes hotel group’s first private debt placement
Maldron and Clayton band operator has also refinanced its existing bank facilities, increasing its debt capacity to €600m
Stocks gain ahead of possible ECB interest-rate cut
Alphabet stock falls 1.8% after US justice department signaled it may force Google to divest parts of its business
Week closes on positive note as attention turns to US Fedearal Reserve
Expectations of a hefty rate cut in Washington growing while Bank of England is expected to hold fire following last month’s cut
Oil prices rise by more than 1 per over output concerns
Banking stocks rise on Irish market as Ryanair retreats
European shares record worst performance in a month on mixed US data
Dublin’s Iseq All-Share index dropped 1.1 per cent to 9,571.96 on Friday
Dalata shares fall while Kingspan flat on day as Grenfell report released
FTSE, European stocks and US markets all retreat
Customers ‘let down’ over hotel bookings error on Oasis Manchester dates - Dalata
‘It was absolutely not deliberate,’ says chief executive Dermot Crowley
Muted day on Irish stock exchange as Iseq outperforms European peers
US markets close for Labor Day, while traders contemplate September, which can be treacherous month for markets
European markets reach record highs as mood buoyed by inflation outlook
Stoxx 600 Index has rallied for the past four straight weeks, longest streak since March
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