Dalata's CEO On Where It Will Be Spending A €750M Hotel War Chest
Irish hotel group Dalata has grown beyond 50 hotels in 2023 and is looking to the UK and Europe with a €750M expansion plan.
Irish hotel group Dalata has grown beyond 50 hotels in 2023 and is looking to the UK and Europe with a €750M expansion plan.
Consumers are continuing to pay higher prices, opting to spend on services like vacations as interest rates rise.
As the Irish hotel sector sees a strong operational bounce back, East Coast Catering has snapped up Dundalk's Crowne Plaza.
A plan to demolish and replace the Hyatt Regency Miami and adjacent convention center failed to advance at a city commission meeting Monday.
As business travel experiences a resurgence, the U.S. hotel industry is reigniting fierce competition with the flourishing extended-stay market.
Local governments are stepping in to push half-built hotels across the finish line as developers pull back from projects amid a tough lending environment.
The hotel has a rooftop pool and a new ground-floor restaurant and coffee bar.
RevPAR is expected to hit $96.64 this year – a 4.6% increase over last year but $1.25 less than what CBRE was forecasting in May.
Efforts to revitalize the area have started and stopped for several years.
With a €500M potential sale of the Tifco Hotel Group, Dublin's hotel market has reignited in the final quarter of 2023.
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