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Hotels

Dalata swings to £97m loss, CEO to step down

The results follow news that CEO Pat McCann will step down from the board and that following a transition period, will be succeeded by Dermot Crowley, the current deputy CEO

Dalata Hotel Group has announced its profit before tax plunged 224.3% to a loss of €112m (£96.9m) in its full-year ended 31 December 2020, down from a previous profit of €89.7m (£77.6m) reported in 2019.

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