Dalata to open its first hotel in Berlin under Clayton brand
The property, which previously operated as the Novotel Berlin am Tiergarten hotel, is undergoing an 18-month refurbishment and is expected to open as the Clayton Hotel Tiergarten in the second half of 2026.
Once the works are completed, the hotel will comprise 274 bedrooms as well as a meeting and events centre, sauna, steam room and gym.
The Tiergarten hotel will be Dalata's second in Germany, after it acquired the operating leasehold on a hotel in Düsseldorf in 2022.
READ MORE
'We are very excited to announce our first hotel in Berlin, a leading global travel destination and a key strategic location in our European expansion strategy,' said Shane Casserly, deputy chief executive of Dalata.
'Situated close to numerous leisure and business hubs, the fully refurbished hotel will be ideally positioned to benefit from Berlin's rich mix of cultural, historical, sporting, and business events and attractions. We value deeply our partnerships, and we look forward to expanding our footprint in Germany and continuing our strong relationship with Deka'.
Dalata and Deka have a prior history. In 2020, the hotel group agreed the sale and leaseback of its Clayton Hotel Charlemont in Dublin with Deka for €65 million.
The sale injected cash into the business at a time when many of its properties were closed or operating in a limited fashion due to the Covid-19 pandemic.
Meanwhile, Dalata, which put itself up for sale in March, said last week that it 'continues to engage' with parties who are participating in the formal sales process and who have submitted revised non-binding cash proposals to acquire the entire issued and to be issued share capital of the group.
Dalata rejected a €1.3 billion bid from a Scandinavian consortium in early June.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Irish Examiner
3 days ago
- Irish Examiner
Eoghan O'Mara Walsh: When tourism highlights warning signs, Government must take heed
Now that we are in the peak summer season, how is the Irish tourism industry faring? It's a simple question, but one with a complex answer. CSO numbers indicated a double-digit tourism decline for the first half of the year, but data released on Wednesday saw a continued recovery of US visitors. Meanwhile, outside investors continue to vote confidence in the sector — as shown last week when a Scandinavian consortium bought Dalata, Ireland's largest hotel group, for €1.4bn. Consistent feedback from tourism and hospitality enterprises is that the unprecedented macroeconomic uncertainty and geopolitical upheaval that Ireland is facing is making business owners understandably nervous. With 70% of the Irish tourism economy dependent on international visitation, the health of overseas source market economies is all-important. North American business may be strong this summer, fuelled by ever-growing transatlantic services, particularly from Aer Lingus, however other key markets are looking stubbornly soft Industry leaders are acutely aware of the growing risk of an over-dependence on the US market. That's not a good place to be for any sector. Tourism chiefs want to defend and deepen transatlantic links, but there is a realisation that, with tariff tensions and a weakening dollar, US tourism flows into the future are, at best, unpredictable. Regional employers Market diversification is a strategy that Irish tourism has quietly adopted although mining more business from Britain and continental Europe is not an easy task, particularly as those markets struggle with their own economic woes. Tourism and hospitality is the country's largest indigenous industry, and biggest regional employer. There are more than 250,000 people employed in the sector across 20,000 businesses. Put simply, tourism matters. That's why when tourism leaders highlight warning signs, Government must sit up and take heed. Ministers have repeatedly said that Ireland's response to the uncertainty around the new global trading order should be to "control the controlables". Industry bosses are in full agreement. Competitiveness, connectivity, and investment are all within Government's gift, and must be addressed. Budget day on October 7 presents an ideal opportunity. In terms of competitiveness, all evidence points to a worrying erosion in our standings compared to international peers Eurostat figures last month ranked Ireland as the second-most expensive country in the EU, with prices 38% higher than the average. Many business costs are State-induced, and Government can start rowing back on some of these impositions. From a tourism perspective, the Vat rate for hospitality must be restored to 9%, as committed to in the programme for government, and it was good to hear tourism minister Peter Burke restate his support of this last week. Most tourism and hospitality businesses are SMEs and are labour-intensive, therefore generally operating with tight profit margins. The 9% Vat rate is an important competitiveness measure bringing Ireland in line with its EU peers, and its introduction would ease some of the cost burdens that a vulnerable but viable sector is wrestling with. Ministers need to face down internal hawkish finance mandarins and reinstate the reduced Vat rate on budget day. Passenger cap Another key programme for government commitment is the promise to lift the Dublin Airport passenger cap. This should happen in tandem with supporting regional airports, and it is not just Ryanair's Michael O'Leary who is frustrated by Government's prevarication on such a critical issue. As an island nation, it is self- evident that there are no bridges, tunnels, or roads connecting us to other markets. Aviation access is fundamental, and as a small open trading nation, having an arbitrary cap at our main gateway is an act of economic self-sabotage. Connectivity is not just a tourism concern, but has consequences for the wider economy, from exports to FDI And the case for investment in tourism services in Budget 2026 is surely indisputable. Research by Indecon Economic Consultants for Fáilte Ireland outlines that 29c of every €1 spent by a visitor is returned to the exchequer in tourism-related taxes. That means the tourism industry contributed €2.9bn to the exchequer last year. And yet annual investment by the State in tourism services is only €251m. Can any other sector of the economy point to such a return on investment? Industry chiefs are well within their rights to look for a sharp increase in funding to help tourism agencies and businesses navigate the choppy waters that lie ahead. A new national policy on tourism is expected from minister Peter Burke this autumn. Hopefully it will match the ambitions of the industry. But sustainable growth can only be enabled by pro-tourism and pro-enterprise policies. Control the controllables please, minister. Eoghan O'Mara Walsh is chief executive of the Irish Tourism Industry Confederation.
Irish Times
4 days ago
- Irish Times
Dublin's Hugh Lane Gallery to close in September for renovations
The Hugh Lane Gallery is to close to the public for refurbishment works in September. The planned refurbishment of the gallery, which houses the studio of the late internationally renowned painter Francis Bacon, will proceed alongside the construction of the new city library for Dublin in Parnell Square. From September 28th, the gallery's doors will close to facilitate the renovation and the safe removal of artworks. In an update, Dublin City Council did not specify a time frame for the upgrade works. The refurbishment is part of a major investment in Parnell Square North that the council said will 'reshape the square into a significant cultural quarter and enrich the experience of Dublin's citizens and visitors to the city'. READ MORE Works are planned to upgrade the original 1930s wing of the building 'to 21st-century museum standards of security and environmental controls', the council added in a statement issued to city councillors. The council outlined that the refurbishment 'will ensure the preservation of the collection for future generations and will enhance our ability to secure significant international loans for major temporary exhibitions'. In relation to Bacon's studio, the council said it will be 'fully protected throughout the temporary closure period and will remain on-site'. The Irish-born painter's most notable works include crucifixions, self-portraits and portraits of popes and of close friends. In 2013, Bacon's Three Studies of Lucian Freud (1969) became his most expensive work sold at auction, achieving more than €103 million at Christie's in New York. The gallery's refurbishment is a Part 8 (Planning) submission that involves roof works, including the upgrading of the existing roof to the 1930s wing and the Francis Bacon Studio; the replacement of existing rooflights; and the installation of a fall-arrest and access systems for safe, permanent roof access. The work also entails the installation of environmental services in the 1930s wing, new mechanical and electrical systems, new data cabling, ductwork and a lighting system. The refurbishment will also include a direct link between the Hugh Lane Gallery and the new Dublin city library creating what the council said would be 'a unique cultural experience across art and literature'. An update to councillors from the council is to be provided in early September.
Irish Times
4 days ago
- Irish Times
Luis Díaz completes €75m move from Liverpool to Bayern Munich
Liverpool's financial position has been strengthened before a potential bid for Alexander Isak after Luis Díaz completed his €75 million move to Bayern Munich . Díaz has signed a four-year contract with the option of an extra year with the Bundesliga champions after Liverpool received an improved offer they felt represented fair market value for the 28-year-old Colombia international on Sunday. Díaz, who left Liverpool's preseason training camp in Tokyo on Monday to seal the transfer, turns 29 in January and had made it clear he wished to leave the Premier League champions. The winger had wanted to leave last summer but Liverpool stood firm before Arne Slot's debut season as head coach. The club subsequently attempted to renew his contract, which was due to expire in 2027, but with no prospect of an agreement and Bayern improving their bid with achievable add-ons, Liverpool reluctantly agreed to his sale. Díaz played a key role in the club's 20th league title triumph last season and scored 17 goals in all competitions. Díaz is the third most expensive transfer in Bayern's history, behind Harry Kane and Lucas Hernández. He is also the third biggest sale in Liverpool's history behind Philippe Coutinho and Luis Suárez, both of whom joined Barcelona. READ MORE 'Three years and a half that I'll treasure forever. I arrived with all the dreams in the world, and I am leaving proud of everything we achieved together,' Díaz posted on Instagram. 'I have met incredible people, fabulous colleagues, coaches who helped me a lot, and extraordinary fans. Liverpool is, indeed, a special team, and I will keep everyone in my heart. 'It would have been the perfect goodbye if we hadn't lost one of ours in such a tragic way,' Díaz added, referring to former team-mate Diogo Jota, who was killed in a car crash earlier this month. 'As I said, and I repeat, I carry everyone with me in my heart, but one of them in particular: Diogo. I will never forget him. We will never forget him. Thank you for everything. YNWA.' Liverpool paid an initial €45 million to sign Díaz from Porto in January 2022 with €15 million payable in potential add-ons. Only €4 million of those add-ons have been triggered and, with Porto holding no sell-on clause, Liverpool will make a profit of €26 million on the deal. The completion of Díaz's move to Germany means Liverpool have raised more than £190 million (€220 million) in player sales since Richard Hughes became sporting director in June 2024. The champions have spent almost £300 million (€347.5 million) this summer, including add-ons, but remain interested in signing Isak should Newcastle show an inclination to sell their prized asset. Liverpool accept it would take a British record transfer fee to bring the Sweden international to Anfield, a move the striker is understood to want, and are likely to have the finances to make it happen with Darwin Núñez, Harvey Elliott, Tyler Morton and Ben Doak all potentially leaving this summer. – Guardian
