Dalata Hotel Group said today it has agreed a two-year extension to the licencing agreement of the 251-bedroom Maldron Hotel Dublin Airport with the hotel's landlord.
Its existing agreement for the hotel had been due to expire this month.
Dalata, which operates the Maldron and Clayton Hotels, said in December that it expects hotel revenue to exceed €600m for 2023, which would mark a new record for the company.
In a trading update for the second half of 2023, Dalata said its adjusted EBITDA for the year is expected to be in excess of €220m, up from €183m the previous year.
For the second half of 2023, the company said its group revenue per available room (RevPAR) is also expected to be 3% ahead of 2022 levels.
Dalata is Ireland's largest hotel operator and it also has a growing presence in the UK and continental Europe.
Its portfolio comprises 53 three and four-star hotels with 11,412 rooms and a pipeline of over 1,300 rooms. It currently has 31 owned hotels, 19 leased hotels and three management contracts.
