Irish hotel group Dalata has announced a Maldron hotel opening in Liverpool, furthering its expansion into the UK market.
Dalata has signed a lease to build a new hotel in Liverpool’s Park Lane, adjacent to the Liverpool One retail and leisure complex.
The build will begin in the first half of 2020 and Dalata plan on opening the 260-room property in mid-2022.
It will also include a restaurant, bar and meeting rooms, and will be designed by both the Elliot Group and Valorem.
Dalata has also released data regarding its 2019 EBITDA performance.
The company says that in spite of an underperforming overall market, its earnings before interest, tax, depreciation and amortisation (EBITDA) for 2019 are in line with market expectations.
RevPAR (revenue per available room) was down 3.2% in the Dublin market for the January-November period, says Dalata, but its hotels also took a RevPAR reduction of only 3.2%.
In the same period its RevPAR increased by 3.0% in the UK, perhaps explaining its further UK expansion.
This news comes after Dalata’s announcement in November that it had acquired The Tamburlaine Hotel, Cambridge.
It also commented on a slew of openings across the UK and Ireland in the coming three years, including properties in Cardiff, Dublin, Glasgow, Manchester, Bristol, Birmingham and London.
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