Dalata Hotel Group - Two new hotels for Bristol and Birmingham

Davy Research
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Dalata has announced the signing of 35-year lease agreements for two new hotels, a Clayton in Bristol and a Maldron in Birmingham. Combined, these hotels will deliver an estimated 580 new bedrooms to the group in 2020/21. This announcement reinforces our belief in management’s ability to deliver on its future pipeline and, in particular, its UK opportunity of 8,000 rooms across 20 cities in Regional UK. Dalata has now confirmed almost 1,700 rooms for its UK development pipeline, with 264 to be completed in early 2019, 880 in 2020 and 550 in 2021.