Dalata Hotel Group has announced the appointment of Carol Phelan as its new chief financial officer, effective 1 July 2021.
The announcement follows the news that Dermot Crowley, deputy CEO at the business, is to succeed Pat McCann as chief executive.
Phelan joined Dalata in 2014, and was appointed group head of financial reporting, treasury and tax in 2017. According to the group, during her time with the company she has 'played a leading role' within the finance team, and is 'responsible for the development of the financial reporting function during a period of rapid growth and expansion'.
"Since joining Dalata in 2014, Carol has played a pivotal role in the development of the Dalata financial reporting, tax planning and treasury functions," commented John Hennessy, Dalata chairman. "The strength of these functions has been demonstrated over the last 12 months as the Group dealt with the impact of COVID-19.
"We pride ourselves in Dalata on the quality of our people across the business and of our support of their development and I am very pleased that we are in a position to internally fill the CFO role with someone of Carol’s calibre who has developed within Dalata.”
Prior to joining the hotel group, Phelan held senior finance positions in Ion Equity and KPMG. She is also a qualified chartered accountant.
Commenting on her appointment, Phelan said, This is an important time for the business as we continue to deal with the impact of COVID-19, while ensuring we progress with our development and expansion plans, particularly across the UK.
"I look forward to working with Dermot and the rest of the Dalata team into the future as we emerge in a strong position from the current crisis and continue to deliver on our ambitious plans.”
Dalata Hotel Group's portfolio consists of 29 owned hotels, 12 leased hotels and three management contracts, altogether comprising 9,261 bedrooms. In addition, the group is currently developing 13 new hotels and has plans to extend four of its existing premises.
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