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Dalata Hotel Confirms Plans To Build Hotel At Tara Towers, Dublin

LONDON (Alliance News) - Dalata Hotel Group PLC on Friday confirmed its plan to develop a new ...

Alliance News 16 November, 2018 | 5:13PM
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LONDON (Alliance News) - Dalata Hotel Group PLC on Friday confirmed its plan to develop a new hotel at the Tara Towers site in Dublin.

The company will start to demolish the existing hotel shortly.

Back in July 2017, Dalata announced plans for the redevelopment of the site to include a 4-star Maldron hotel. The new hotel will include 69 residential units and a car park. The 1.5 acre site was acquired by Dalata in January 2016 for EUR13.2 million.

Dalata shares were closed up 2% at EUR4.58 on Friday.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Dalata Hotel Group PLC 477.75 GBX -0.31 -
Dalata Hotel Group PLC 5.42 EUR -1.28 -

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Alliance News

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