Dalata Completes Hotel Acquisitions

Dalata Hotel Group has  completed its acquisition of Whites Hotel, Wexford and Pillo Hotel, Galway. Ireland’s largest hotel operator had previously operated the mana

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gement contract for the hotels.
In October Dalata announced it would acquire Whites, a four star hotel with 157 bedrooms which went into receivership in 2009. It was subsequently put on the market by Ulster Bank, and Dalata acquired the property in a package which also included the Clayton Hotel in Galway for €31.7 million.
The Competition and Consumer Protection Commission approved Dalata’s acquisition of Whites in November.
In December Dalata agreed to acquire Galway’s Pillo Hotel for €10.5 million. The hotel is part of a chain developed by Neil O’Leary’s Ion Equity.
 

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