Dalata Hotel Group's RevPAR Declines In Ireland
Dalata Hotel Group has revealed that its revenue per available room (RevPAR) declined 3.2% in Dublin during the 11 months to the end of November, 2019, following a 1.4% decline during the first half of the year.
Dalata said that market conditions in Dublin were tougher than expected in the second half of the year, as reported by The Irish Times.
Ireland Outside Of Dublin
Outside of Dublin, Dalata said that its performance in Ireland during the second half of the year was broadly similar to its performance during the first half, and that like-for-like RevPAR declined by 0.7% in the rest of the country during the 11 months to the end of November.
Meanwhile, Dalata's like-for-like RevPAR in the UK increased increased 3% during the eleven month period.
Dalata expects its earnings before interest, tax, depreciation and amortisation (EBITDA) for the year to December 31, 2019, to be in line with market expectations.
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.