Dalata Hotel Sells Wexford Property, Boosts Shareholder Value

Dalata Hotel (GB:DAL) has released an update.

Dalata Hotel Group has completed the sale of Maldron Hotel Wexford to The Neville Park Hotel Group, with proceeds being used for a share buyback program. This move underlines Dalata’s focus on maintaining its leadership in the Irish hotel market through its Clayton and Maldron brands. The company continues its growth strategy in the UK and Continental Europe, backed by significant assets valued at €1.7 billion.

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