Irish hotel group, Dalata Hotels has revealed that this year its focus will be on expansion in the UK, following a ‘very strong’ 2016, with revenue and pre-tax profit up over the year.
Since the end of the year, Dalata said it had been trading ‘marginally ahead’ of expectations, with RevPAR in its London, Northern Ireland and regional UK properties ‘stronger than anticipated’.
The company posted revenue of EUR290.6 million for 2016, compared to EUR225.7 million in 2015, pushing its pretax profit up to EUR44.1 million from EUR28.5 million.
Dalata, which added seven hotels to its business in 2016, said that the Dublin hotel market continued to perform strongly last year with a RevPAR growth of 20%.
RevPAR also grew in Manchester, Cardiff and Leeds, with the group’s hotels outperforming the market in these locations.
Across the business as a whole, including Ireland and the UK, RevPAR was up 14.9% to EUR80.20.
In 2017, the group is actively looking to expand its presence in the UK, while in 2018, 1,200 new hotel rooms will be added to the Dalata Hotel Group portfolio.