Appointment of Kathrin Jung-Reinhard to Support the Group’s European Expansion

Dalata Hotel Group Appoints Head of Development Strategy for Northern Europe

Appointment of Kathrin Jung-Reinhard to Support the Group’s European Expansion

30 July 2024: Dalata Hotel Group plc (“Dalata” or the “Group” or the “Company”), the largest hotel operator in Ireland with a growing presence in the United Kingdom and continental Europe, is pleased to announce the appointment of Kathrin Jung-Reinhard to the role of Head of Development Strategy – Northern Europe.

Kathrin’s appointment underscores Dalata’s ambition to expand its portfolio into continental Europe, targeting locations in large European cities with attractive market dynamics and strong corporate and leisure demand. Kathrin’s deep knowledge of the European hotel market and her network of key contacts will support the Group’s strategic growth in both existing and new markets, while further strengthening Dalata’s Acquisitions & Development team.

Dalata first entered the continental European market in February 2022, with the acquisition of the Hotel Nikko Düsseldorf. In October 2023, the Group added the Hard Rock Hotel Amsterdam American to its portfolio. Both hotels are now operating under the Group’s Clayton Hotel brand.

About Kathrin Jung-Reinhard

Kathrin brings a wealth of experience to this role, having most recently served as Head of Real Estate Portfolio Management at Universal Investment GmbH, an investment fund company headquartered in Frankfurt, managing over €35 billion in real estate assets. Prior to this, Kathrin held senior roles with CBRE Germany and Deka Immobilien GmbH (“Deka”). During her time with Deka, Kathrin played a pivotal role in Dalata’s transactions on the Clayton Hotel Burlington Road, Maldron Hotel Smithfield, Clayton Hotel Birmingham, and the Gibson Hotel, Dublin.

Kathrin joined Dalata in July and will be based in Frankfurt.

Shane Casserly, Corporate Development Director, Dalata Hotel Group plc, commented on the announcement:

“Kathrin’s appointment is an important milestone for Dalata and a testament to our strategic vision for expansion. Kathrin’s expertise in the European hotel market and her extensive relationships across Europe will be crucial as we seek to source more opportunities for our brands in key locations. Kathrin has always been a passionate advocate for the growth potential of Dalata in continental Europe and we look forward to working with her as we deliver on our strategy”.  

Kathrin Jung-Reinhard, Head of Development Strategy – Northern Europe, Dalata Hotel Group plc, added:

“I am thrilled to be joining the Acquisitions and Development Team here in Dalata, as Head of Development Strategy for Northern Europe. With two hotels already in continental Europe, we have a strong foundation to continue our expansion across mainland Europe.

Having worked with Dalata on a number of previous transactions, I know the strength and commitment of the team and I look forward to delivering on the strategy together. It’s an exciting time and I am eager to contribute to the continued success and growth of the Company.”

ENDS

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About Dalata Hotel Group

Dalata Hotel Group plc is a leading hotel operator backed by €1.7bn in freehold and long leasehold assets in Ireland, the UK & Continental Europe. Established in 2007, Dalata has become Ireland’s largest hotel operator with an ambitious growth strategy to expand its portfolio further in excellent locations in select, large cities in the UK and Continental Europe. The Group’s portfolio comprises 56 primarily four-star hotels operating through its two main brands, Clayton and Maldron Hotels, with 12,094 rooms and a pipeline of 871 rooms. For the year ended 31 December 2023, Dalata reported revenue of €607.7 million, basic earnings per share of 40.4 cent and Free Cashflow per Share of 59.7 cent. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com