Dalata Hotel Group - New forecasts highlight the opportunity

Davy Research
/Read Important Disclosures

We have updated our forecasts for Dalata for the first time this year as hotels fully re-open. Estimates in 2021/2022 have moved lower following extended COVID-19 related restrictions in H1, but we continue to expect 2024 to be the year of full recovery. Our new forecasts highlight the attractiveness of the stock.