• Dalata heads north
Hotel group Dalata has purchased the Tower Hotel in Londonderry for GBP4.375m. The hotel is to be rebranded as a Maldron, and joins an existing Northern Irish Maldron located in Belfast.

 
The Tower reported a EUR0.5m profit in 2013. Maldron chief executive Pat McCann said he was excited to have representation in a city that has seen many positive changes recently.
Read the full story here:
http://investors.dalatahotelgroup.com/wp-content/uploads/2014/03/0027-Acquisition-of-Tower-Hotel-Derry-09-Sep-20141.pdf
 
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