Dalata shares are up 28% year-to-dateExpects hotel revenue to ?600 million in 2023More hotels in the pipeline for 2024Shares in Dublin-based Dalata Hotels (DAL:AIM) were up over 5% at 377p in morning trading as Ireland?s largest hotel operator said it delivered ?another record year of growth.? In a trading update for the second half of 2023, the company said it expected hotel revenue...

Ireland's largest hotel operator Dalata Hotels (DAL:AIM) is due to report its results for the six months to the 30 June 2023 on 29 August and fellow hotelier PPHE Hotel Group (PPH) on 31 August.Dalata posted a strong second quarter update in June with like-for-like group RevPar (revenue per available room) ahead of 2022 levels.The group said it 'has continued to trade strongly an expects...

We could potentially see changes to the FTSE 100 and FTSE 250 indices as a knock-on effect to proposals by the UK financial regulator to change the UK stock market listing rules.The Financial Conduct Authority wants to make it easier for companies to join the UK stock market by revamping the listing requirements. One of the proposals is for the London market's standard and premium segments to...

- Strong recovery, new hotels ahead of expectations- Record sales and profit expected in 2022- No signs of slowdown in domestic leisure demandIreland's largest hotel operator Dalata Hotel (DAL:AIM) said a strong recovery in demand continued into the second half of the year and it now expects to generate record full year revenues and profit, sending the shares up 10% to 299p.The group was...

The FTSE 100 gave up its early gains on Thursday, drifting off 2 points to 6,569 at midday despite US markets pushing to new highs on a stimulus package and a potential breakthrough regarding a Brexit trade deal.Prime Minister Boris Johnson boosted hopes last night after saying there is 'every opportunity of a deal' to be done, while European Commission president Ursula von der Leyen said...

The FTSE 100 continued its gains on Thursday, rising 0.24% to 6,586.78 in early trade after potential breakthroughs regarding a Brexit trade deal and a US stimulus package.Prime Minister Boris Johnson boosted hopes last night after saying there is 'every opportunity of a deal' to be done, while European Commission president Ursula von der Leyen said fishing access is the last barrier to an...

Investors seem to be taking a slowdown in growth at hotel operator Dalata Hotels (DAL) in their stride as the firm reassures the market that earnings in the year to 31 December will meet expectations.Growth in revenue per available room (RevPAR), a metric revealing how effectively a hotel fills its rooms, has been slower across all regions in the second half but is at least ahead of the...

Further weakness in oil prices has served to weigh on shares in the oil sector and by default pull down the FTSE 100, 54.5 points lower at 6,718.8 early on. Any movement in Royal Dutch Shell (RDSB), down 2.5% at £22.80 and BP (BP.), off 9.1p at 499.5p, have a direct influence on the direction of the blue chip index because they are among its largest constituents. The blue chip benchmark is...

A hike in the VAT rate for hospitality services announced in Ireland's Budget is expected to hit Dalata Hotel's (DAL) earnings before interest, tax, depreciation and amortisation (EBITDA) by 2.7% in 2019.Shares in Dalata, one of our Great Ideas, have dipped 3.5% to 534p as VAT in the hospitality sector will rise from 9% to 13.5%.Gambling company Paddy Power Betfair (PPB) is also under pressure...

The benefits of the recent heatwave attracting visitors to London could soon be reflected in results from several quoted hotel operators with sites in the Capital.Revenue per available room (RevPAR) increased by a record 9% to £156.15 in July, according to data from industry specialist STR. That beat levels seen in the 2012 Olympics and was also helped by several popular events bringing...

Dalata Hotels (DAL) 634pGain to date: 9.2%Original entry point: Buy at 3 May 2018, 580.5pWe're very confident about the outlook for Irish hotel operator Dalata Hotels (DAL) given that revenue per available room (RevPAR) in the Irish hotels industry continues to beat expectations.Since entering our Great Ideas portfolio, shares at Dalata have jumped 9.2% to 634p.RevPAR, a key performance...

We are attracted to Irish operator Dalata Hotel (DAL) as it is rolling out new rooms just as the Irish economy is in full bloom.Ireland's GDP is forecast to grow by 5.7% in 2018 and by 4.5% in 2019, according to stockbroker Davy. It believes consumer spending will grow by 3.2% and 3% over those two respective years. Essentially it is a great time for Dalata to be in business.WHAT DOES THE...

Ireland's largest hotel operator Dalata Hotels (DAL) plans to reward shareholders with a dividend from 2018 following strong full year results in 2017.Dalata operates the Maldron Hotel and Clayton Hotel brands in Ireland and the UK, and manages a portfolio of partner hotels.The £1bn company says the dividend payout will be based on a percentage of profit after tax, which is anticipated to be...

The decision earlier this month by Tesco (TSCO) to reinstate dividends after a two year absence represents a major turning point in its recovery story. It suggests the company's turnaround, following an accounting scandal and slump in earnings, is making good progress.Recommencing dividends or indeed paying dividends for the first time is a very positive signal for investors.Respectively, it...

The mid cap space is home to many exciting investment opportunities. They are generally well-established businesses with revenue and profit; yet they also have plenty of room to keep growing at a much faster rate than the UK's largest quoted companies.The mid cap space is generally represented by the FTSE 250 index - which is up 8.8% so far this year. That's more than double the 3.4% return...

When a golfer duffs their opening drive so badly that it fails to advance past the ladies' tee, tradition dictates they play the remainder of the hole without their trousers.We're considering a similar policy at Shares after a shocker of a start to the year among our Big Picks for 2016 portfolio.At the halfway stage, they trailed the benchmark by 12.4 percentage points - a towering deficit to...

Dalata Hotel (DAL:AIM) 365.3pLoss to date: 0.6%Original entry price: 367.5p, 23 Dec 2015A dip in the share price of Dalata Hotel (DAL:AIM) hasn't knocked our confidence in the Irish hotelier, which looks set to benefit from a robust start to the year for the Dublin hotel market.STR estimates that revenue per available room (RevPAR) in Dublin has grown by 23% so far this year, leading...

After the worst New Year start for decades, the markets remain choppy as the first quarter of 2016 draws to a close and our 'Big Picks for 2016' portfolio reflects this up and down trajectory.Our best performer, emergency power generator Aggreko (AGK) is already ahead by an impressive 16.6%. Software firm Eagle Eye Solutions (EYE:AIM) is our worst, down by 16%.Overall we are just edging out...

It may only have a population of around 4.5 million, putting it at roughly half the size of London but Ireland is still one of the UK's most important trading partners and remains on track to be one of the fastest growing economies in the eurozone in 2016.Among the so-called PIIGS (Portugal, Ireland, Italy, Greece and Spain), Ireland has been a consistent over-achiever of late and with...

A huge jump in profits at Irish hotel group Dalata Hotel (DAL:AIM) sends shares in the £685 million cap up 4% to 372.3p.Pre-tax profit leapt from €4.2 million to €28.5 million in 2015 while revenue surged 185% to €225.7 million, driven by higher room rates and its acquisition of 15 hotels in Ireland and the UK.Group RevPAR (revenue per available room) increased by 21.4% as the...