Dalata
Builders break ground on new €40m hotel beside Croke Park
Dalata will operate the four-star property under its Maldron brand, under an agreement with the GAA
MML sells stake in Dublin supply chain company for over €30m
Private equity firm investment some €10 million in Eastland Engineering Supples in 2019
Dalata opens new hotel in Liverpool
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
AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed company
Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May
Tumultuous week sees European shares slide after Macron calls snap French election
Iseq index a sea of red as investors fear looser fiscal policies if far-right National Rally party wins
Global stocks retreat from all-time highs as hopes of US rate cut fade
Investors shrugged off Thursday’s interest rate cut by the European Central Bank as AIB and Bank of Ireland rose
World stocks slide as investors fret over weakness in US economy
The banks were among the biggest losers in Dublin as investors eyed expected ECB rate cut later this week
Markets rise on hopes of interest rate cut
Investors renew bets on borrowing charge cuts ahead of European Central Bank meeting this week
‘When I start buying hotels with golf courses...it’s over’ Dalata’s Dermot Crowley
Hotel group’s chief executive says the secret sauce for its success to date has been its people
Dalata spends €3m on refresh of four-star hotels and group
Dalata chief executive Dermot Crowley says the investment will deliver consistency in its communications with customers
Hotel group Dalata agrees to change accounting treatment of residential deal following decision by regulator
IAASA concluded that the sale of lands at the former Tara Towers Hotel in south Dublin was not part of the ordinary activities of a hotel group such as Dalata
Dalata’s Irish revenues decline since January but ‘modest’ growth recorded in UK
Dublin hotel market sees new competition
European shares drop as investors fret about tension in Middle East
Banking stocks out of favour as Iseq All Share index declines and IMF warns of likelihood of central banks raising rates
European stocks rise while oil prices slip after recent highs
London’s FTSE 100 recovered some, but not all, of its losses from Friday
Global stocks drop amid fears of higher interest rates for longer
Oil prices briefly rose above $89 a barrel for the first time since October, which led to falling stocks in the travel sector
European stocks mark best quarter in a year as rally broadens
Europe’s Stoxx 600 was up 0.2 per cent, bringing quarterly gains to about 7 per cent
Glanbia gains lift Irish index on Wednesday as world stocks slump
World stocks dipped on Wednesday amid a spate of disappointing earnings reports, as investors also await US and euro zone inflation data
Global stocks slip as US inflation data spooks investors
Euronext Dublin finished the day down 0.3% as it was dragged lower by homebuilders and hotels group Dalata
Ireland’s hotels come roaring back, with a little help from Taylor Swift and Bruce Springsteen
The Taylor Swift effect this summer is just one in a series of big events that is boosting room rates
Global markets little changed as investors seek interest rate clues
Hotel group Dalata up 0.8% in Dublin as its share price climbed above pre-Covid levels for first time
Global shares slip as Wall Street tech giants warn of rising cost of AI
Euronext Dublin saw a “weaker day” on Wednesday compared to the rest of January, according to Dublin traders
European shares log weekly declines as investors temper interest rate expectations
Dublin market up slightly with shares of Kerry Group advancing 2 per cent
Dalata agrees two-year extension of licensing deal for Dublin Airport hotel
Existing deal for Maldron Hotel Dublin Airport was due to expire this month
Shares hold gains as rate cuts eyed for new year
An absence of major news has not stopped investors from ramping up bets on rapid-fire rate cuts next year
ESRI cuts growth forecasts, Esprit’s plan for a 300-bedroom hotel in Dublin 2, and drones as a weapon of war
The best news, analysis and comment from The Irish Times business desk
Dalata hotels on a roll as UK expansion fuels growth
But questions remain about future of travel and tourism as consumer concerns bite
Markets muted ahead of interest rate decisions
Investors swerve risky bets as they await news on US and EU interest rates
Dalata hails ‘record year’ and expects revenues to exceed €600m
Hotel group due to open four new hotels in 2024, adding 834 rooms to its portfolio
Global markets subdued as investors await interest rate announcements
In Dublin, shares were down on the day, in line with European peers.
Hotel sector grows modestly in October, but only outside Dublin
The average daily room rate in Irish hotels was €162.10, which represented an increase of 1.5% on last year, data shows
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