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Planning Permission Secured for Two Four Star Maldron Hotels

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Planning Permission Secured for Two Four Star Maldron Hotels

Dalata to operate 630 bedrooms across Birmingham and Glasgow

Northern Ireland based developer and contractor McAleer & Rushe has announced that it has just secured planning permission to develop two multi–million–pound hotels located in Birmingham and Glasgow City Centre, representing an investment of c. £85 million.

Combined, the two hotels will deliver a total of 630 bedrooms and will be operated by Ireland’s largest hotel operator, Dalata Hotel Group (“Dalata”), under its four–star Maldron brand.  McAleer & Rushe Contracts UK Ltd are scheduled to commence construction on both hotels this summer, with practical completion anticipated within two years.

Maldron Hotel Glasgow

The 300–bed 4 star hotel in Glasgow, the first Maldron Hotel for Dalata in Scotland, will be located on Renfrew St, close to Buchannan St and employ c. 100 staff. It forms part of a wider masterplan by McAleer & Rushe to include c. 100,000 sq.ft of Grade A offices.

Maldron Hotel Birmingham

The 330–bed Maldron Hotel in Birmingham is prominently located in the city centre 5 minutes walk from New Street Station and will be delivered in advance of 2022 Common Wealth Games, employing up to 105 staff. The development which is regenerating a derelict site, will feature a business centre, ground floor bar and restaurant with guest rooms arranged over 10 uppers floors.  

Commenting Stephen Surphlis, Property Director, McAleer & Rushe said, “The development of the two new Maldron Hotels are very exciting initiatives for both cities with the projects strategically located, catering for both business and leisure users. Glasgow has one of the fastest growing economies in the UK and Birmingham continues to secure a range of inward investment projects, with the opening of the HS2 high speed rail network in 2026.

“We’ve been encouraged by the support shown by both Local Authorities in processing the applications in a professional and timely manner allowing construction works to commence in the coming months and we look forward to working with in partnership with Dalata once again.”

Dermot Crowley, Deputy CEO, Dalata Hotel Group commented: “We are delighted that planning permission has been granted for these two prime sites in Birmingham and Glasgow that will deliver 630 rooms across both cities and supports our goal to become the leading 4–star operator in 20 target cities across the UK. This will be our first Maldron Hotel in Birmingham, where we currently operate a 174 bedroom Clayton hotel. In addition to the Maldron Glasgow, we will deliver a 4–star 294 bedroom Clayton hotel in Glasgow in early 2021. We look forward to working with McAleer and Rushe on these developments, who have proved to be an excellent partner on previous projects.”

ENDS

About McAleer & Rushe

A privately owned multi award winning business, McAleer & Rushe is one of the leading construction and property companies in the UK and celebrated 50 years in business in 2017. Based in Cookstown with offices in London, Dublin and Belfast the company employs over 360 people with a proven track record in multi–sector mixed use projects across the UK & Ireland. For further information please visit http://www.mcaleer-rushe.co.uk/

About Dalata

Dalata Hotel Group plc was founded in August 2007 and listed as a plc in March 2014. Dalata has a strategy of owning or leasing its hotels and also has a small number of management contracts. The Group’s portfolio consists of 29 owned hotels, ten leased hotels and three management contracts with a total of 8,834 bedrooms. In addition to this, the Group is currently developing nine new hotels with a total of 2,333 bedrooms and these will open over the next three years. This will bring the total number of bedrooms in Dalata to over 11,000. The numbers employed in Dalata is now close to 5,000. For the half year 2018, Dalata reported revenue of €180.6 million and a profit after tax of €30.5 million. Dalata is listed on the Main Market of the Euronext Dublin (DHG) and the London Stock Exchange (DAL).

For further information visit:

www.dalatahotelgroup.com

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