Dalata agrees sale of Clayton Whites Hotel Wexford for €21m
Hotel will add to Seamus Neville’s expanding portfolio, including another recent Wexford acquisition
Hotel will add to Seamus Neville’s expanding portfolio, including another recent Wexford acquisition
Banks lead Dublin market higher.
All-electric building, which will incorporate 154 bedrooms, a restaurant, bar and gym, will include heat pump technology
S&P 500 on track for 50th record this year as gauge extends weekly gain to 4.5%
Hotel will be rebranded as a Clayton property assuming deal secures sanction from competition regulator
Dublin’s Iseq finished up 2.25% while FTSE rebounds
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Irish food groups retreat while Dalata finishes flat
Hotel operator said positive momentum in trading continued in September and October
Mixed day for banks and building firms on Irish market
Homebuilders rise but banks have mixed day
Maldron and Clayton band operator has also refinanced its existing bank facilities, increasing its debt capacity to €600m
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Expectations of a hefty rate cut in Washington growing while Bank of England is expected to hold fire following last month’s cut
Banking stocks rise on Irish market as Ryanair retreats
Dublin’s Iseq All-Share index dropped 1.1 per cent to 9,571.96 on Friday
FTSE, European stocks and US markets all retreat
‘It was absolutely not deliberate,’ says chief executive Dermot Crowley
US markets close for Labor Day, while traders contemplate September, which can be treacherous month for markets
Stoxx 600 Index has rallied for the past four straight weeks, longest streak since March
Irish hotel group denies cancelling room bookings at its Maldron hotels for nights band is due to play and reselling them at a higher price
Investors awaiting interest rate clues from Jackson Hole
Irish market ends the day down, with Dalata and Glanbia the big fallers
Dalata will operate the four-star property under its Maldron brand, under an agreement with the GAA
Private equity firm investment some €10 million in Eastland Engineering Supples in 2019
The group also plans to open a Maldron hotel at Croke Park in Dublin in 2026 along with a hotel in Edinburgh in the same year
Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May
Iseq index a sea of red as investors fear looser fiscal policies if far-right National Rally party wins
Investors shrugged off Thursday’s interest rate cut by the European Central Bank as AIB and Bank of Ireland rose
The banks were among the biggest losers in Dublin as investors eyed expected ECB rate cut later this week
Investors renew bets on borrowing charge cuts ahead of European Central Bank meeting this week
Hotel group’s chief executive says the secret sauce for its success to date has been its people
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