Dalata revenues rise 6% in H1 but softer trading hits profits

Dalata has announced that revenues rose by 6% to €302.3m (£254.8m) in the first half of the year, but pre-tax profits fell by 15% to €35.8m (£30.2m) as trading was softer than expected over the period.The group attributed its profit decline to the like-for-like performance at its hotels, as like-for-like RevPAR was down by 1% to €108.57 (£91.5m), while occupancy fell from 78.4% to 77.6%.