Dalata does not expect to complete any further acquisitions in Dublin but will instead focus on growing its presence in Britain in the coming year. Ireland’s largest hotel group yesterday posted full-year results which showed revenue grew from €290.6 million to €348.5 million last year. Its pre-tax profit rose by 75 per cent from €44.1 million to €77.3 million. Dalata’s adjusted earnings before interest, taxation, depreciation and amortisation (ebitda) rose by almost a quarter from €85.1 million to €104.9 million. It said that the payout would be within the range of between 20 per cent and 30 per cent of…

Source: The Times February 28, 2018 00:00 UTC