Dalata Hotel Group plc (“Dalata” or the “Group”), the largest hotel operator in Ireland with a growing presence in the United Kingdom, announces it has agreed contracts with Art-Invest Real Estate (“Art-Invest”) to acquire a new operating leasehold interest in Hotel Nikko Düsseldorf. The hotel is owned by Art-Invest and Dalata with the cooperation of the hotel team, has commenced the transition process today and expects to open the hotel for guests on February 15th. This hotel represents Dalata’s first step into the Continental European market and is in line with the Group’s ambition to establish a presence in large commercially attractive European cities.
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