Dalata Hotel Group Completes Sale of Maldron Hotel Wexford

Dalata Hotel Group plc has announced the completion of the sale of the Maldron Hotel Wexford to The Neville Park Hotel Group. This transaction is part of Dalata’s strategy to enhance value for shareholders. The net proceeds from the sale will fund a share buyback programme, initially announced on 15th October 2024. This move reinforces Dalata's commitment to its Irish operations, maintaining its leading position with the Clayton and Maldron brands.

As Ireland's largest hotel operator, Dalata continues to expand its portfolio across the UK and Continental Europe. With 56 hotels, the Group remains focused on growing further within key cities. The company remains publicly traded on Euronext Dublin and the London Stock Exchange, maintaining a robust presence in the hospitality sector.