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Dalata Hotel Group Plc – Year End Trading and Development Update | Strong Financial Position to Support Business Recovery and Growth

Dalata Hotel Group plc (“Dalata” or the “Group”), the largest hotel operator in Ireland, with a growing presence in the United Kingdom, is pleased to announce that despite the challenging environment, EBITDA for the year ending 31 December 2020 is expected to be marginally ahead of market expectations and the Group remains in a strong financial position with current cash and undrawn debt facilities of €293 million after deducting upcoming payments including quarterly rent and interest.

StayNTouch and IDeaS Enhance Cloud Connection, Helping Hotels Master Revenue Management

StayNTouch Cloud PMS and IDeaS G3 RMS now share direct, two-way access and connectivity, giving hotels and clients of both StayNTouch and IDeaS the flexibility to harness deep data insights to optimize profitability and revenue strategy.

Banyan Tree Samui Offers Complimentary Night to Healthcare Workers

KOH SAMUI, Thailand, One of Thailand’s most prestigious hotels is offering a complimentary night’s stay to any of the country’s professional healthcare workers in recognition of their sacrifice and dedication to saving lives during this year’s coronavirus crisis.

Six Guidelines to a Sustainable Recovery for Hotels Post-COVID-19

It can be difficult to properly tackle the issue of sustainability in hotels, and COVID-19 has further complicated this topic. These guidelines can help you build the proper framework to achieve a sustainable recovery.

Impact of COVID 19 Virus on Hotel Insurance Premiums. Are Refunds Possible?

Much has already been written about insurance issues arising from the Covid19 virus.

With many hotels closed throughout the world it’s inevitable that hotel owners/ investors are looking to their insurance policies for compensation under the Business Interruption section.

Maintaining Luxury Service with Safety Protocols is a Challenge say Luxury Hoteliers according to New Forbes Travel Guide Survey

438 worldwide luxury hospitality leaders shared their insights in a recent survey 71% of luxury hotels plan to reopen by September
70% believe business will return to normal within the next year
86% are very / highly confident to handle any COVID-19 outbreak at their property