DALATA BUYS BELFAST HOTEL

Dalata Hotel Group has signed an agreement to purchase the freehold interest in the 170-room Holiday Inn Belfast in Northern Ireland for £18.5 million in cash (£108,800 per room). Dalata currently operates the Maldron Hotel Belfast but this transaction marks its first hotel purchase in the city. The group recently announced that 13 of its hotels will become part of a new chain of Clayton Hotels, including eight of the recently acquired Moran Bewley Hotels and the Holiday Inn Belfast.

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