Dalata Hotel Group says that hotel room revenue surpassed pre-pandemic levels for the first time as it expressed optimism for summer trading. The comment came as the group opened its new Samuel Hotel in Dublin's Docklands, which it said reinforces the importance of the Dublin market for the company.
Overlooking the River Liffey, the €39m four-star Samuel Hotel is located close to the Convention Centre Dublin, Croke Park, The 3 Arena and The Bord Gáis Energy Theatre. The hotel has 204 air-conditioned bedrooms, meeting and event facilities, a coffee shop, bar and restaurant.
Dalata reported at the start of March that RevPAR was approaching pre-pandemic levels. It said today that for March and April, RevPAR is expected to be 109% of the corresponding 2019 period.
A number of Dalata's hotel rooms in Ireland are currently being utilised for other purposes, including to accommodate Ukrainian refugees, the hotel group added in a trading update.
In a trading update ahead of its AGM in Dublin, Dalata said it had moved "firmly" into recovery with strong trading post re-opening across all markets after another challenging year in 2021.