Dalata Hotel Group

Free cashflow opportunity from Dublin RevPAR concerns

  • Sectors : Hotels
  • Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

  • Dalata Hotel Group

    Closing Price: 480c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14

    UNDER REVIEW

DAVY VIEW

Market data for 2019 show that Dublin RevPAR declined 3.6% year-on-year (yoy) due to softer demand for rooms and increased supply. Investors have overreacted in assuming EPS downgrades, leaving Dalata with a free cashflow yield of 11% and on a significant discount to book value.

Download full report with analyst certification and important disclosures

Feb 19 2020, 07:00 GMT

Download