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Dalata's Top Brass Rewarded For Bumper 2015

By Publications Checkout

Top management at Dalata have been rewarded to the tune of almost €2 million for their part in the hotel group's stellar 2015 performance.

Earlier this month, Dalata reported soaring profits and revenues for 2015 after what was a blockbuster year for the group. Group revenue increased by 185 per cent to €225.7 million creating a pre-tax profit of €28.5 million.

On the back of this positive result, Dalata's executive team have seen their remuneration packages almost double that of the previous year, according to The Irish Times.

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The company's annual report revealed chief executive Pat McCann (pictured at National Hospital Awards in October) added a bonus of €420,000 on top of his €420,000 salary for the year. This compared with his total remuneration package of €310,000 the previous year.

Meanwhile, deputy chief executive Dermot Crowley received a total package totalling €550,000, while Stephen McNally was awarded the same salary, bonus and pension as Crowley, but with €3,000 in other benefits.

Dalata has previously stated that it expected to add 4,000 or 5,000 rooms to its portfolio over the next five-to-seven years.

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Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
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Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription