30th Apr 2021 18:10
Dalata Hotel Group PLC - Irish hotel operator - Says first-quarter hotel occupancy hit by Covid-19. Since the start of January, hotels have been closed to the general public, serving customers related to essential services only.
For the first quarter of 2021, occupancies at hotels were 14% in Dublin, 16% in Regional Ireland and 13% in the UK. Says it continues to minimise the impact of lower revenues through proactive cost control and availing of government support. For the first quarter the adjusted EBITDA loss was EUR3.6 million.
Current stock price: 399.50 pence
Year-to-date change: up 19%
By Arvind Bhunjun; [email protected]
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