Advertisement
Canada markets closed

  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CAD/USD

    0.7247
    -0.0016 (-0.22%)
     

  • CRUDE OIL

    85.78
    +3.05 (+3.69%)
     

  • Bitcoin CAD

    83,063.45
    -1,848.57 (-2.18%)
     

  • CMC Crypto 200

    1,255.72
    +370.18 (+39.33%)
     

  • GOLD FUTURES

    2,427.70
    +29.70 (+1.24%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • NASDAQ futures

    17,187.75
    -359.50 (-2.05%)
     

  • VOLATILITY

    18.00
    -0.21 (-1.15%)
     

  • FTSE

    7,877.05
    +29.06 (+0.37%)
     

  • NIKKEI 225

    36,848.51
    -1,231.19 (-3.23%)
     

  • CAD/EUR

    0.6821
    0.0000 (0.00%)
     

Ireland's Dalata Hotels expands into continental Europe

Reuters
·1 min read

DUBLIN (Reuters) - Ireland's largest hotel operator, Dalata Hotel Group, has expanded into continental Europe for the first time after announcing it had agreed to operate the leasehold interest in a new four-star hotel in Düsseldorf on Tuesday.

Dalata, which operates 45 hotels under the Maldron Hotel and Clayton Hotel brands in Ireland and the United Kingdom, agreed the 20-year lease with Art-Invest Real Estate, one of the largest hotel developers in Germany.

The Dublin-based group said it is looking to build its presence in selected European cities while also continuing to grow in the UK, where it is developing 7 new hotels.

(Reporting by Padraic Halpin; Editing by Kirsten Donovan)